HGSI DOC TOP DOWN REVIEW 12.22.2019
Happy Holiday and Welcome to This Week’s Review.
We had another great week in the market but all good things must come to an end and I suspect that we are at or close to a top. We may stay up till the first few days of the New Year’s but markets do not go straight up as they have the last few weeks.
Please join me as I present the evidence of why I have some concerns but also take a look at what stocks might be of interest in the next week if this Bull run continues.
Yes, we are overbought. But I learned years ago. Overbought markets can become more overbought before they correct. Perhaps Santa will bring us another move up before we top.
Have a wonderful and safe holiday.
No review next week but I will do a year-end review and possible live market discussion after the 1st.
Trade Safe and more importantly drive safe
Dr. Jeffrey Scott is a private investor and educational affiliate for HGSI Investment Software LLC