Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

The easy money has been made

Mid-week market update: I know that this is a trite expression, but the easy money has been made. The rally off the October bottom has been astounding. My trading model was fortunate enough to spot the exact day of the bottom when insiders started buying an oversold market. The rally enjoyed further tailwinds in the form of a rare Zweig Breadth Thrust buy signal. The trading model took a brief hiatus in November and re-entered on the long side. It took profits when the S&P 500 violated its 10 dma.
 The rally off the October bottom was driven by falling Treasury yields, which also violated its 10 dma. While my inner investor remains equity bullish, my inner trader is far more cautious.

The full post can be found here.



Beat the price increase

We are announcing a 5% price increase on subscriptions, effective February 1, 2024. Existing subscribers will be grandfathered at their current rates.

If you haven't subscribed, click this link to beat the price increase.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.