HOW TO NAVIGATE THIS SCHIZOPHRENIC MARKET $SPY $AMZN $FB $NFLX $MU $AMAT $AAPL $BA $NVDA $CAT $QQQ $GOOG $GOOGL $IWM
The stock market is acting schizophrenic. It has wild swings. Similar news is received positively on one day and negatively on another day.
How can investors navigate this market? Let us explore with a chart.
Chart
Please click here for the annotated chart. The chart is of S&P 500 ETF SPY. Similar observations can be made from the charts of Dow Jones Industrial Average DJIA, Nasdaq 100 ETF QQQ, and small-cap ETF IWM. Please observe the following from the chart:
• The chart shows three indicators: True Range, Average Daily Range and Average True Range. Those indicators are similar but have their own nuances.… Please click here or the title below to read more.
March 6, 2018