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Strong Upward Reversal But Challenges Remain

Last week I mentioned that the market could see whipsaws (as opposed to a comprehensive down-move), and to a certain extent that happened on Monday, and following the reversal bar on Monday, the major indices followed through and kept running upwards.

Big thanks to Glenn for stepping in for the last two weeks … as you could see, he really knows his stuff, but his biggest strength is his ability to get the most out of you on a one-to-one basis.

Even during the recent challenging conditions I’ve heard from several members achieving 8/10 win ratios, and a few of those are Glenn’s mentees who are now experiencing the thrill of their own turnarounds.

In today’s market review I go through a lot of stocks comprised from previous weeks, new filters and my longer-term watch lists.

There are more nuggets as usual and some very important learning points.