In this video I show you how to use the daily stochastics technical analysis indicator to identify buy points on the market averages. I also show how the market has lost momentum over and over again once it has gotten overbought.
This has made for a choppy market environment for people trading SPY and other popular ETF’s and has also meant that many past winning stocks like NVDA, NFLX, and CGC are now lagging the market and not working anymore.
So the key to beating the market now is with the right individual stocks breaking away from the sluggish action and select sectors not really correlated with the broad market action.
If you want to get into my private trading going all you need to do is join my Power Investor service. To begin just click here:
http://wallstreetwindow.com/join-power-investor/
-Mike
