Daily Note

When Good Stocks Go Bad

Sep 18, 2020

Thomas Thornton

  • The mega-cap stocks that led the market higher is leading the market lower which is no surprise
  • If you owned the mega-cap stocks from the beginning of the year you probably will not be very motivated to sell but if you bought them in the last month you have double-digit losses
  • An update with the Erlanger ETS charts that had triggered sell signals across the board a couple of weeks ago
  • A look at why the market is not yet oversold
  • Risk remains very high especially ahead of the election

 

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