There has been a lot of risk in the stock market over the past 2 months and that still has not changed. Things are getting worse, not better. I tried to emphasize in this week’s Live Call that we have NOT seen any evidence to suggest that the worst of the selling is behind us.
We’ve been inundated with emails from Financial Advisors and traders all over the world. From New York to London, South Africa, Malaysia, Laguna Beach they keep coming in. We work really hard and it is so nice to see how much we’ve been able to help people, both pros and every day hard working individuals. Thank you from all of us at Allstarcharts! We don’t take these notes for granted even for a second.
We know times are tough for some people right now. I have friends and family that lost their jobs today. I’m seeing it outside of markets.
To lighten things up a bit, I asked Twitter if I should do the live TV hit from my house in a suit or my hoodie? The feedback was overwhelmingly to keep it real!
i’m doing live tv from my house later. should I put on a full suit and pretend we’re all not at home? or should I just rock my Adidas hoodie and keep it real?
— J.C. Parets (@allstarcharts) March 20, 2020
Here is my conversation with the legend Francis Horodelski! We talked about some really important concepts that I think will help investors navigate the market moving forward. Markets move in trends. We pride ourselves in understanding the internals that precede changes in these trends. That’s what we talked about this afternoon.
I hope this adds some value to your process: