Take this post with caution, because I admit I have not backtested it in any kind of methodical way. “Use it at your own risk.” Of course, everything I say (per my disclaimer at the bottom of course) is at your own risk but I felt a special duty to say it today.
I mentioned [...]
I mentioned yesterday that I am suffering paralysis because I’m not willing to short the market in front of a potential inverse head and shoulder breakout but at the same time almost all long ideas are way overbought.
You have to love a stock like Books-A-Million that was a $1.70 back in March. RSI hit 94 [...]