Monday, April 2, 2018

charts: What is SMART Money Doing?




Click on the following link (or copy and paste it in the URL line) for the full article and charts
https://bit.ly/2GtC4Dp

The 'SMART' Money Is Dumping Stocks As BTFD Officially Ends

Professional money managers were leery about buying stocks during the recent rebound, judging from Bloomberg's Smart Money Flow Index, which tracks Dow Jones Industrial Average moves in the first and final 30 minutes of trading.

The thinking is that smart money will test the market and wait until the end of the day before committing to any large moves.
The last time SMART money and the market diverged this much did not end well for stocks...



Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only.   
Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results.

2 comments:

  1. I just found this blog and have high hopes for it to continue. Keep up the great work, its hard to find good ones. I have added to my favorites. Thank You. convert money calculator

    ReplyDelete

Note: Only a member of this blog may post a comment.