Sunday, September 4, 2016

Presidential Technical Analysis

Just for the sake of this discussion, leave the fundamental analysis (and personal opinions about the candidates' character) at the door.  What if these were two stocks you were considering trading, and all you had was this momentum indicator?  What I see is a series of lower highs for Clinton, with current momentum at 0.  I would wait before buying this one.  The Trump stock is clearly more volatile, and the previous high was a higher high.  I would watch this one carefully for the next turn up in momentum.  However, at this point I would have to stand aside on both of them.  What would you do with these "stocks?"

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