We’re back from a blogging sabbatical! We’re back to our regular daily posting and updates.
What a better way to start back with a broad picture of the surprising and persistent movement in money flow so far in 2018?
Let’s begin with a simple grid and ease back into the markets:
After a relatively muted or range-bound end to 2017, markets ignited at the end of the year and continued so far into 2018.
What’s the simple picture?
Stocks continue to explode higher along with commodities Gold and Oil.
Unfortunately, not all markets can benefit from rampant and non-stop bullishness; the sacrificial lamb in this case in the US Dollar Index.
Keep in mind that trends, once established, have greater odds of continuing than of reversing.
Also, trends (persistent money flow into/out-of a market) can continue longer than expected.
We’re always on guard for sudden reversals and we’ll be watching for that in the week ahead.
We’ll keep you updated on these developments before and after the announcement so stay tuned!
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Follow Corey on Twitter: https://twitter.com/afraidtotrade
Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”
SOURCE: Afraid to Trade.com Blog – Read entire story here.
Related posts:
My Recent Target Experience and How The Chase for E-Commerce Market Share is Killing Retailer Margins
Are Money-Losing Companies Ever Worthy of Value-Oriented Investors’ Time?
Nordstrom: A Retail Survivor With Potential Upside Catalysts
With M&A Booming, Anheuser-Busch InBev Likely Plotting Its Next Big Move