The number of stocks above their 50 day moving average. (When above 80 percent this tends to indicate peak confidence as measured by major bond funds relative to stock funds.)
VIX volatility is also at an extreme, indicating potential increase in risk
Gold (GLD) and Apple (AAPL:NASDAQ) - normally two star performers continue to perform poorly
I came up with an investment strategy when I wrote my master of science thesis in finance at Stockholm University School Of Business. While writing on my thesis I also learned about other investment strategies regarding (Stock Repurchase, Value Investing and Insider trading).
I will find stock picks based on this strategies and then analyze them with trading strategies from the famous technical analyst Elder Alexander.
Also let me know if you have any stocks/markets that you like me to analyze.
Contact information: [email protected]