HGSI DOC TOP DOWN REVIEW 1.27.2020
Welcome to this week’s review.
Friday was a day for the Bears as health related scares caused increased volatility and a weak end to market week. Now we ponder whether this is the beginning of a major leg down, a short term correction or just a couple day blip in the life of the current bull market.
I am on the side of the Bulls but would not be surprised to see us limp into the middle of the week where we not only get some major earnings reports but also a FED meeting review and speech from the Fed Chair.
I include several reviews of potential seasonality plays at the end of the video. As I shared with some friends, the NFLX seasonal trade turned out OK but I am sure many were shaken by the volatility before setting out as a major winner on the week. This week we have many on tap including AAPL, MSFT, AMZN, FB, V MA among many others.
Have a great week.
PS: A new HGSI subscription service that incorporates the proprietary charting indicators of John Person as well as a supporting add-on is about 2 weeks away. I will schedule a live webinar to introduce it as well as the pricing.
Dr. Jeffrey Scott is a private investor and educational affiliate for HGSI Investment Software LLC