Saturday Review’s recording (for 12/8/18) …Will next week live in infamy, too?
How does Monday’s gap up and Wednesday’s exacerbation catalyst still offer a chance of retracing last week’s drop before a bigger downleg develops? What does a bigger downleg look like, both in characteristic and degree? Which path is likelier, and what price action will be our clue?
These and other questions are answered, along with a bigger picture review of the market’s pattern, in this week’s Saturday Review. Also worth noting is the inclusion of several tenets underlying the philosophy of my analytical methodology.
Afterward, we held an impromptu introduction to the new Market Timing Knowledge Base, and specifically reviewed using inflection points for informing entry and exit decisions. Its recording is here.
The following stock requests were reviewed in this order:
ADBE, COST, JPM, WDC, GE, CAT
transcript
—————– (12/08/2018 09:31) —————–
Rod David: -=–=-
jp: gm
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you.
David B: Good Morning
—————– (12/08/2018 09:51) —————–
ljr iPad: approx when does positive seasonality come in to play for dec?
—————– (12/08/2018 09:56) —————–
David B: What closing number for 2 consecutive sessions would tell us a bullish trend change?
—————– (12/08/2018 10:06) —————–
Mark G: likely Mon morning alternatives?
—————– (12/08/2018 10:11) —————–
ljr iPad: stocks: ADBE, COST, earnings after close thurs. thx
—————– (12/08/2018 10:17) —————–
ljr iPad: can u record that?
David B: JPM,WDC
—————– (12/08/2018 10:24) —————–
ljr iPad: thx
—————– (12/08/2018 10:25) —————–
David B: GE,CAT
—————– (12/08/2018 10:35) —————–
Mark G: thx much
David B: Thanks