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excellent analysis as always! Ordered your book from Amazon yesterday (unfortunately no Prime Day special on it)🤣. Regarding the financials with $GS in particular, the RSI is over 70 on the M, W and Daily charts. Are we reaching overbought levels? Did we miss the move? Thanks
Well are definitely getting overbought and it looks due for a pullback. I think we have missed the move in the short term. But there should be more chances as long as the momentum remains strong.
Great content as always criminally underfollowed! Joe do you think there is edge for retail investors to focus on smaller stocks since they are not crowded by algos of the big guys?
Thanks. Yes, I think there is if you are willing to look for bigger trends rather than short term trades. I would be sure I use a volume screen and some form of fundamentals screen first to narrow the universe. SP600 does some of that for you. But, yes, good time to start doing that in my opinion.
