Themes:
Last night on radio I spoke about the value versus growth theme and also mentioned our custom safe-haven index which has now broken to the upside of the channel in place since July.
In terms of value vs growth, I also mentioned on Monday that Q2 & Q3 2020, value over growth & cyclicals over defensives were easier calls than it is now. For e.g. Deere...
Many pension funds are rebalancing out of stocks into bonds. Inflows into cyclicals will likely resume in April. The upward trend in cyclicals is still present.
Bullish when rising --> Risk-Seeking market
Bearish when falling --> Risk-Off market
Another ratio that demonstrates non-confirmation as the market lunges to new all-time-highs.
Both ratios measure levels of risk appetite in the market.
Since the March low, these gauges have come increasingly more correlated to major stock indices
we like patterns like green after dog better if it gaps up cup and handle pattern hook pattern and long narrow base with bollinger bands widening always have stop loss orders pay attention to 200 day ma and cloud but cloud is thinning money flow strong macd and stoc crossed cci and percent r upper range rbi strong ww choose growth stocks between 1 and 8 dollars...
