Rem. Stock Operator CH: 13 -> The End of a Bull Market

zghorner

zghorner

"A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break. My long expected warning came to me when I noticed that, one after another, those stocks which had been the leaders of the market reacted several points from the top and—for the first time in many months—did not come back. Their race evidently was run."

TSLA -> Tanking
AMZN -> Flat/started to sell off
AAPL -> Selling Off
WMT -> Selling Off
AMZN -> Selling Off, Below 200ma
FB -> Relatively flat but recently broke 200ma

To be fair
GOOG -> Still strong
DS -> Uptrend

sorry but I cant help but to be a gay bear.
 
lightninboy said:
Those stocks are usually too tame for me anyway.
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buying or selling of the listed companies isn't really the point of the thread...More so that a strong indicator of a market reversal is when the best performers of the bull market, the leaders if you will, start to sell off.

Sort of stating the obvious I know...especially these days with a few super mega cap companies easily able to move the entire market.
 
I get paid for estimating volatility. I'd rather estimate high volatility from a high volatility stock and get it than estimate low volatility from a low volatility stock and not get it.
 
lightninboy said:
I get paid for estimating volatility. I'd rather estimate high volatility from a high volatility stock and get it than estimate low volatility from a low volatility stock and not get it.
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TSLA is low vol? Do share what tickers you trade.
 
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