This was Never Seen Before in Stocks

by Ashraf Laidi
Dec 13, 2014 3:02

Much was written about this week's equity selloff, being the biggest drop since Sep 2011 etc. But two additional pieces of analysis we uncovered is that this week's 3.6% decline in the S&P500 single-handedly erased all of the prior 3 weeks' BACK-to-BACK GAINS. The last time this had happened was the week after the October 2007 record. Guess what stocks did after that... A more dangerous finding is that this week's S&P5 500 decline took place after SEVEN weekly consecutive gains, which was NEVER seen before in the index. I will post in Monday's Premium Insights new trades to exploit these developments.

Click To Enlarge
Click To Enlarge
This was Never Seen Before in Stocks - Spx Dec 2014 Vs Oct 2007 1 (Chart 1)


More Hot-Charts

  • Gold, Bitcoin, USD Combo Chart

    Gold, Bitcoin, USD Combo

    Jun 22, 2023 16:46 | by Ashraf Laidi
    I mentioned last week  on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
  • تفسير مراحل الذهب  Chart

    تفسير مراحل الذهب

    Mar 17, 2023 21:28 | by Ashraf Laidi
  • Dax 200 MA Extension

    Jan 11, 2023 10:57 | by Ashraf Laidi
    If the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...
Hot-Chart Archives
Comments (Showing latest 0 of 0) View All Comments