Everything I look at during my weekend process to gauge a sense of market direction and its breadth: 🔽 🔽🧵
Share🔁
Share🔁
1. @IBDinvestors newspaper Look at the #IBD50, IPOs, Stock Spotlight, General Market Trend and A/D line.
If any news headlines catch my eye related to any of the stocks that I own or am watching, I will read through them.
If any news headlines catch my eye related to any of the stocks that I own or am watching, I will read through them.
2. Stage Analysis of Charts of Market Averages.
I personally use @MarketSmith, but any stock chart service will do. I focus on the S&P500, NASDAQ and Russell2000
For more info about Stage Analysis check out @TraderLion_ @StanWeinstein13 partnered masterclass.
I personally use @MarketSmith, but any stock chart service will do. I focus on the S&P500, NASDAQ and Russell2000
For more info about Stage Analysis check out @TraderLion_ @StanWeinstein13 partnered masterclass.
3. @Trader_mcaruso Net H/L indicator on @tradingview. Basic account is free so anyone can access it.
This indicator calculates the net number of all highs - all lows.
This indicator calculates the net number of all highs - all lows.
4. @Barchart S&P500 and NASDAQ survey’s. I look at % of stocks above various key moving averages.
barchart.com
barchart.com
barchart.com
barchart.com
5. Secondary indicator: bullish vs bearish sentiment on
aaii.com
This indicator is more useful when there is radical bullishness or radical bearishness to get a feel of potential topping/bottoming
aaii.com
This indicator is more useful when there is radical bullishness or radical bearishness to get a feel of potential topping/bottoming
6. Stage Analysis Screener by @nextbigtrade. I love this free tool.
screener.nextbigtrade.com
You can see the various % of stocks in each stage of @StanWeinstein13 stage analysis as well as in individual sectors.
screener.nextbigtrade.com
You can see the various % of stocks in each stage of @StanWeinstein13 stage analysis as well as in individual sectors.
8. @eWhispers for his neatly summarized earnings graphics.
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