Searching for Signs of a Market Bottom - News Summed Up

Searching for Signs of a Market Bottom


Caleb:"I was reading your terrific blog on Ally, and you list five signs of a market bottom. And then also another one, a few stocks trading above their moving average. Usually what we like to see is a good amount of stocks trading above their 50-day average. When the opposite is happening, when there's less stocks trading above their 200-day moving average, momentum is to the downside. You don't see a lot of trading going on, a lot of churn going on in the passive portfolio, in the passive indexing going on.


Source: CNN May 31, 2022 17:24 UTC



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