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- Last Update: 25 January 2021, 20:27
General Market Commentary
1/23 Sat > My StockCharts list has been modified to having a couple of NEW additions to the family for 2021. In with the new, out with the old. Have removed all the FAS, FAZ, DRN, and DRV charts. Too many charts to update...
Now, have added a new sector called Biotech Sm Cap stocks. Also have added back a Pot Stock list... These two sectors shows many trading opps that have unfolded and are set up to trade for future use. Wait for nice correction for entry. Maybe one or two may hit it big like PLUG. Broad market still overvalued. Stay safe...
1/21 Thurs > Market now in euphoria stage. SOXL is the big cap leader with share price in outer space at a closing price of $647 from the $54 low after last years crash, also setting up a diving platform. BitCoin has shaved 100 bln off in last 48 hours. I did say last Friday GBTC was setting up a diving platform..... On my birthday, Feb 21st last year was a market high and the beginning of a crash.
Would be a crazy thing if this market would repeat one year later in February especially on my birthday.
What would those odds be? Broad market still overvalued. Stay safe...
1/15 Fri > Most Oil stocks and FAS are on pullback today after reaching a higher level of plateau. So goes the oil and financials, so goes the market? $NAHL may have seen its high? GBTC preparing for a crash after setting up a diving platform? Careful out there. Good weekend to all.
Thanking the Lord for our many Blessings!
(Granddaughters web site) reversarose.com
Wealth is good, health is better, and God is Great.
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