WILL TRUMP’S LACK OF LEADERSHIP BECOME AN EXCUSE FOR A BIG SELLOFF IN STOCKS? $GS $AMAT $BABA $WMT $ROST $SPY $GLD
In my 30-plus years in the markets, I have learned that overbought markets are always vulnerable. Overbought markets look for an excuse to sell off. Unfortunately, many less experienced investors do not understand that simple observation and end up losing money. The chart Please click here to see money flows segmented into three categories. Please note from the chart that the “momo” (momentum) crowd was a big seller in the market decline. The same investors were aggressively buying when the market was going up. The momo crowd gets into the cycle of buying high and selling low. The situation may