A year ago, the stock market flew high, only to collapse with the spread of a deadly, mysterious virus. This is how it found a bottom.
The market is back for overbought and a decline may be on the way.
There are many factors that can affect the psychology of a layer.
Can you identify a lagging indicator? Here is one: analyst opinions.
It’s all for real money right now.
Jim Cramer: The Birth of a Market Bottom, Part 1
A year ago this week, the stock market hit new highs and everything was on board. Buyers had almost ignored the so-called Wuhan virus and bought almost everything in sight given the strong revenue just reported from an excellent reporting season, writes Jim Cramer.
But below, it told a story it would cause one of the fastest bear markets in history, one that would cause the Dow Jones Industrial Average to drop 31% top to the trough and then cause a lasting bottom that we live with today.
Helene Meisler: The market is ripe for a return this week: Here’s why
This is how we are. Back to overbought. But will it ask, ask Helene Meisler.
Doug Kass: Lives in Cathie Wood’s world
In every stock market cycle, there is a dominant investor who captures the market spirit of the time by incorporating and reflecting the ideas and beliefs of the time. But there is an inevitability in every market cycle that the optimistic expectations will be overused, the values will go to extremes and a painful bust will follow, explains Doug Kass.
Today’s market cycle does not seem different from before. Cathie Woods ARK Innovation ETF (ARKK) – Download report can be this bike’s bank trust department (think late 1960s, early 1970s) or Janus 20 (of the dot.com bubble era).
Rev Shark: Add the power of psychology to your trading arsenal
There are two basic ways to approach trading: basic and technical. Many of the best traders combine the two elements to develop a trading strategy, but a third element can drive your trading to the next level. The third element is psychology, says James “Rev Shark” DePorre.
Paul Price: Analysts’ opinions are unreliable laggards
Nothing frustrates investors anymore than listening to analysts tell them to buy stocks after big price increases – after previously advising them to sell the same stocks when they were much cheaper, states Paul Price.
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