The Allstarcharts Podcast on Technical Analysis Radio: Current Market Analysis For Traders

Money Game Podcast: Stocks At New Highs & Bulls At New Lows (EP.11)

11.04.2019 - By JC Parets: Chartered Market Technician & Renowned Technical AnalystPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

In this episode of the Money Game Podcast Phil and I talk about the stock market making all-time highs while sentiment points to very few bulls. This is an interesting dynamic where the behavior of the market is pointing to one thing and the behavior and emotions of society are saying something different. I've been in the camp that this negative sentiment unwind is precisely the catalyst to take stocks much higher, not just in the U.S. but around the world. It's very rare to have stocks this strong, yet so few people betting on higher stock prices. It's pretty awesome. We also talk about the deterioration, or at least an end to the expansion we're seeing, in the upside participation in stocks. We're seeing MORE stocks, sectors and global indexes participating to the upside, not fewer. Until that stops, we want to keep looking for stocks to buy.

Click here return to the episode page

More episodes from The Allstarcharts Podcast on Technical Analysis Radio: Current Market Analysis For Traders