Thursday, August 10, 2023

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August 10, 2023


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Market Commentary: Little-Known Indicator Forecasts Market Plunge

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The Burst for Thursday, August 10, 2023

 

     
 

Market Commentary: Little-Known Indicator Forecasts Market Plunge

Some indicators aren't well known or understood but can be highly effective when used by proficient traders. SKEW is one such indicator; it measures the perceived tail risk of the distribution of S&P 500 investment returns over a 30-day horizon.

The rule of thumb is when SKEW rises above 140, the risk of a market correction is elevated. But when combined with other indicators, it can be... Read the full article here

 
     

 

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Burst Content You May Have Missed

     
 

Market Commentary: When To Sell Your Stock, Precisely

Buying stocks is easy but when should you sell them? Today we'll take a look at a specific example of precisely when to take profits, and move to the next best trading idea.

We're going to use Upstart for our case study. In the chart below, you can see Upstart was in a a bullish trend since early May. But it wasn't until July that the share price started to... Get the full details here

 
     

 

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Alert: Buy Buffett's Magic Line In The Sand

Investment Alert: Buy Occidental Petroleum (OXY) Under $57 (Get the full details here)

Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.

This might be among the shorter trade alerts of the year but that won't make it any less valuable if we're right. You see, we think we've uncovered Warren Buffett's magic line in the sand, the level at which he buys Occidental Petroleum predictably.  Get the full details here

 
     

 

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Market Commentary: Are Only Fools Buying Netflix?

Netflix reported earnings recently and the share price plunged $40 on the day, down almost 8.5%. To anybody who could read the tea leaves, the reaction came as no surprise. But how do you read the tea leaves? Or in other words, what was the giveaway in the financials that led to investors realizing the risk to reward ratio was poor, and could hurt the share price?  Read the full Story Here

 
   

 

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