Description: We are dedicated to Fianacial Planning. Also providing portfolio management services using or Relative Strength Portfolio Strategy.
We are dedicated to providing portfolio management services.
by Guy Woolley | Apr 10, 2023 | Banking , Business , Finance , strategy
April 10, 2023 One of the indicators I always mention in the letter is the percentage of stocks above their 50-day moving average and above their 200-day moving average in the S&P 500. In my experience, I am most comfortable with at least 60% of the stocks above their 200-day moving with the 50-day moving average above the 200-day moving average. There are 2 comparison charts below. The top chart is a year-to-date chart of the S&P 500 and the chart below is the percentage of stocks...