Stock Chart Analysis May 26, 2016 Pre-marketPosted by Robert Desmond on May 26, 2016
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From August 17-24, 2015, the US stock market dropped 10%. Volatile weeks like these require a savvy way of picking stocks. We locked in our profits early in the week and went shopping for distressed stocks. Our losses? None. Watch this video review I sent to my members. Learn More
"I have traded stocks and equity options for over twenty years. For three years after the bull market ended in 2000 I built and tested my Contrarian Trading System, which, simply, uses stock charts, price, volume action, and momentum indicators to identify good stocks that Wall Street was ignoring and weak ones that were overcrowded and overhyped.
My system has made me profits, even during market swings that crash Wall Street. At the end of August 2015, while China and Wall Street plummeted, my clients and I had one of the most profitable weeks of the year.
I have trained over 2,000 traders with varied backgrounds—from doctors to wealth managers to fellow investors—how to use charts to spot divergences, breakouts and money flows, which saved them from being victims of Wall Street thugs who use the news media to manipulate stocks."
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