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Beware Of False Signals In The Current Rally

The current move up since mid-October looks similar to the summer rally, says Kevin Gordon. He discusses the state of the markets, as well as the November stock rally. He talks about how 90% of S&P 500 members are trading above their 200-day moving average. He then goes over how materials, industrials, and financials are currently leading. He also emphasizes that investors need to beware of false signals within the current rally, as leading indicators aren't confirming a trough for stocks. Tune in to find out more about the stock market today.

Trading 360

28 Nov 2022

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