Important Stocks To Watch - Breakout Stocks/ Important Developments
Daily Stock Market Analysis June 22 2017 Thursday
There is always a reason why there is divergence between the S&P 500 and Nasdaq. A trend following tool will be able to help you see that. Yesterday, S&P 500 and the Dow Jones fell while the Nasdaq Composite rose. Well, I guess it surprised many people, but not me or those of us here that use a trend following tool to help us.
The trend is your friend as they say.
While a good system may not give you 100% accuracy, it helps us to be on the right side of the market 75% of the time. As you shall see in the charts below, the Nasdaq was trending up in the 15 min charts while the SPY and DIA was trending down in the 5 min charts.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
- Help support this page and press the Facebook Like button below. Thanks!
Join Dstockmarket's Facebook Page
Recent Articles
-
Stock Market Analysis May 2022
May 05, 22 10:24 AM
What is the market doing and what is it likely to do?
-
April 2022 Stock Market Analysis
Apr 27, 22 09:01 AM
As we enter April, will we continue to move higher or will there be a correction coming?
-
Technical Analysis Of AAPL : Making Sense Of Apple's Stock Price
Apr 13, 22 11:46 PM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
-
Stocks At Their 50 MA And 200 MA
Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
-
Stocks To Watch - Important Developments
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.
New! Comments
Have your say about what you just read! Leave me a comment in the box below.