Energy and Financial Stocks SURGE! By Gregory Mannarino

in money •  6 years ago 

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Crude up nearly 10%! This is causing energy stocks, and financials to be bid higher. I have outlined how this works for years! And now you see it in action.

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Yes IIRC that is sign of someone wanting a bigger year end bonus?

My call to "not buy the dip" today was right. Never try to pick bottoms and tops. In this case the right play was to wait for a bounce , after a downtrend was established, then buy sell the bounce.

Crazy, I thought it would close in the red today!, is the 2018 silver chart showing a double bottom in Sept and Nov?, could $15.00 be the new support?

My call to "not buy the dip" today was right. Never try to pick bottoms and tops. In this case the right play was to wait for a bounce , after a downtrend was established, then buy sell the bounce.