niceProperly interpreting the health and breadth of the market’s leadership.
@LCapitaljr:$Meta Platforms, Inc.(FB)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ $Netflix(NFLX)$ $Alphabet(GOOG)$ There is no better way to gauge the market’s health than by the price/volume action of the market’s leading growth stocks. There are tons of great indicators out there for gauging the market’s health, but at the end of the day, they are all derivatives of price and volume. So, understanding how to interpret price/volume action is an extremely important skill to develop. Ignore The News The fact is, the only thing you need is price and volume. Remember, it’s not the actual news that is important. It’s the reaction to the news that matters. Hence the phrase, “price is news.”
Properly interpreting the health and breadth of the market’s leadership.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.