Even though the stock futures are moving up before the US markets open for Monday (9/28/20), we are still going to be going through some more days of declines. If you have an overbought stock that is extremely high, it would be wise to sell your profit from what you have made from it and research for the under performers. By examining the Relative Strength Index, Marketwatch.com is one of the best websites to find stocks. When looking for one of these under performers is examining in how its doing on the MACDs and look at how the blue line is doing. If the blue line is showing that its gaining ground each day then that stock is beginning its momentum. Another thing is researching multiple stocks to find ones that we call the 40 below threshold on the Relative Strength Index. The 40 stocks that we are about to add to our companies portfolio of around a little more than 800 will be adding later on tonight. Here are the stock futures as of right now: DOW is up by .32 percent, the S & P 500 is up by .26 percent and the NASDAQ is up by .22 percent at 4:41 pm PST.
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Sunday, September 27, 2020
We've been only in this market correction for 24 days as most declines and market gains on the stock boards last around the average of 45 days
I am author in writing multiple stories from science fiction to mystery. A bit of adventure, ghost stories, fantasy to action. Experience at investing for over 26 years and stock market research for close to 44 years. Owner of Carson Investment Services LLC. Working on around 40 different stories to be published, with two nearly ready for publishing. Been in the movie theatre business for 22 years and gave the Detroit Theatre another 30 years of life before it went out of business in Lakewood, Ohio. Member of the United Food and Commercial Workers Union from Cleveland, Ohio and had been an NBA partner with the Cleveland Cavaliers for 17 years.
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