DISCLAIMER


DISCLAIMER: 1. The risk of trading equities and/or derivatives can be substantial. 2. Any decision to purchase or sell as a result of the opinions expressed in this blog will be the full responsability of the person authorizing such transaction. 3. Past performance is not indicative of future results.

sábado, 11 de junho de 2016

Er...Is That A "Cup-And-Handle", Man?

For a primer on the "cup-and-handle" formation click here.




Despite the 52-wk highs reached this week the chart above shows the retail
public is still unaware of this fact. Maybe because the talking heads on TV are
way too busy analysing other assets (gold, oil, German bonds, you name it.).
As long as the Average Joe does not google "bond etf"jumping onboard is NOT risky. lol