"Everyone has a plan 'till they get punched in the mouth" - Mike Tyson

July 20, 2014

Swing low in?

We all know this has been a buy the dip market.  Was Thursday's drop the culmination of another dip?  If the stock only A/D line is any indication, yes!  


Of course it's pointless to use a single indicator in any market decision making, but the recent track record is interesting.  That said, we're seeing the largest rollover in high yield bonds in a year.  Maybe this time is different?

Trade 'em well!

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All ideas shown on this blog represent the authors opinion based on the data available.