In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the status of the markets and what this week's action reveals. She also shares insights into how to handle the explosive moves in select stocks and the best way to tell when the near-term uptrend has ended.
New episodes of The MEM Edge air Fridays at 6:30pm PT on StockCharts TV. You can view all previously recorded episodes at this link. You can also receive a 4-week trial of her MEM Edge Report by clicking the image below.
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.