On Buffett... Breakouts... and Bitcoin
Futures are down to start the morning... but the Federal Reserve returns this week with an update on monetary policy, inflation, and more.
Good morning:
On Friday, I gave a presentation to the morning audience at TheoLive, which I do every morning at 8:45 ET. A viewer asked me how I identify market rebounds.
I talk A LOT about the importance of the 20-day moving average for momentum…
And the 50-day moving average for stability in recoveries.
But… investors who want to buy the dip have to know what else they can do to identify opportunities when there is mass fear. It’s hard to hit the Buy without conviction…
However, I reached several conclusions after more than 16 years of studying finance.
First, follow the insiders. They always call the bottom when there is a policy shift (and the Trump administration made one on April 8-9).
Second, there are OTHER things that investors can focus on.
I put all that into a presentation you can access on Google Drive … here.
I’ll be live again… in 5 minutes. It’s free. So join me right now.
Now… onto the analysis for this week…
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