In this week's edition of WealthWise Women, Erin and Mary Ellen covered the concept of "bear market rallies," what you should expect to see during them and avoiding euphoria. They talked about current support levels and new resistance. Both shared the indicators that they watch for to signal bear market rallies and possible market bottoms. Finally, they ended the show on a happy note, discussing what's happening in the world of pets and the stocks that you should pay attention to.
This video was originally recorded on March 26th, 2020. Please note the video cannot be enlarged on this page; to view in larger format, click on the image above to watch on our dedicated WealthWise Women page, or click this link to watch on YouTube.
New episodes of WealthWise Women air on Thursdays at 5pm ET on StockCharts TV. Archived episodes of the show are available at this link. Stay tuned for a LIVE trading room event hosted by Mary Ellen, who will be joined by Erin! Get notified of the details by signing up for the MEMInvestmentResearch.com and/or DecisionPoint.com free email lists.
About the author:Erin Swenlin is a co-founder of the DecisionPoint.com website along with her father, Carl Swenlin. She launched the DecisionPoint daily blog in 2009 alongside Carl and now serves as a consulting technical analyst and blog contributor at StockCharts.com. Erin is an active Member of the CMT Association. She holds a Master's degree in Information Resource Management from the Air Force Institute of Technology as well as a Bachelor's degree in Mathematics from the University of Southern California.
About the author:Mary Ellen McGonagle is a professional investing consultant and the president of MEM Investment Research. After eight years of working on Wall Street, Ms. McGonagle left to become a skilled stock analyst, working with William O’Neill in identifying healthy stocks with potential to take off. She has worked with clients that span the globe, including big names like Fidelity Asset Management, Morgan Stanley, Merrill Lynch and Oppenheimer.