Category: Guy Cohen

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More Downside Ahead

I’m surprised at the strength of last week’s bullishness. My guidance last week was that further upside was likely to be short term, and one week does qualify as short term.

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More Downside Ahead

Over the past few weeks I’ve referred to the scarcity of good quality setups as one of my guides. In the last two weeks my main take has been that the market was not ready for a new upswing, and chaotically bouncing around the Key Levels was more likely.

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Being a Lion Saved Your Bacon

The most likely scenario from here is that the FDIC will calm the situation in the next few days, but the market is now likely to test those January lows. If they fail, then the June lows will hove into view.

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A Lion Picks His Spots

To take the best advantage of the markets, you need clarity with market timing as well as stock selection. This is where being a lion pays dividends. And right now is prime lion time.

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