84.160High82.717Low4.11MVolume82.730Open81.970Pre Close343.84MTurnover5.46%Turnover Ratio--P/E (Static)75.30MShares88.81852wk High--P/B6.33BFloat Cap61.31052wk Low0.01Dividend TTM75.30MShs Float89.740Historical High0.01%Div YieldTTM1.76%Amplitude10.438Historical Low83.574Avg Price1Lot Size
Yeah - turns out that's not the case at all historically.
Over the past 10 years, the average difference between actual EPS in any given year vs the estimate at the beginning of that year is:
$SPDR S&P 500 ETF(SPY.US)$ : -2% (ie...
40wk ma (red area) sloping downwards = Stage 4
Stage 1 ---> when stocks build bases
Stock stops going down, builds a base
40wk ma stops declining/flattens out
Time to watch stock and gradually build position
Stage 2 ---> when stocks rally/money is made
Stock becomes over-extended, take partial profits
Stock pulls back towards 40wk ma, add back
Stage 3 ---> distribution phase/topping pattern
Stock stops going ...
Bull Case
A mix of cyclicals and commodities would be included among the overweights. Consider such as $Financial Select Sector SPDR Fund(XLF.US)$, ...
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