Local Optima - Local Optima (Page 9)

A Not that Meaningful Rally

2 years ago 5 min read Weekend Market Overview

After the trading week that just finished, there are only two important indexes that are still officially in a Bear Market (a decline of 20% or more from the previous high). I don&

Trust the Chart, not the News

2 years ago 5 min read

After closing another trading week it's evident that there's not much force from the Bulls. The Bear Market continues, the ones in yellow are the only important indexes that

Not a Solid Market Support Yet

2 years ago 2 min read Trading Week Update

Another trading week is about to end and the 30-day EMA (blue line) has proved to be a strong resistance to beat during 2022. In multiple past articles I have shown how almost

Biotech and Pharma Trades Start to Work in a Bear Market

2 years ago 6 min read Weekend Market Overview

The Bear Market isn't over yet, below is an updated chart with the most important indexes, the ones in yellow are the ones that aren't officially in Bear Market

Inflation and Recession, a Risky Business

2 years ago 3 min read Trading Week Update

The main indexes haven't moved much during this abbreviated trading week. The discussion continues around how far is the inflation from peaking and the risk of a recession due to the