A quick but important note from the road on today’s market action. Financial Intelligence Training students know the three key areas I teach about to view the underlying health of the markets. Today, they are what I would refer to, in the most clinical and technical of terms as acting “no bueno”. Kidding aside, have a gander at the Semis, the Financials and the Transports and see the recent price action has them living below their 200 DMAs. The beneath the surface view is much different as the Dow paints north of its 50 DMA. In my opinion, it is now extremely important to assess your portfolio risk. This is not to suggest fear, but rather awareness. You want to be able to make decisions from an educated perspective and not from an emotional reaction. Join me for a quick review.

Be sure to follow me on Twitter @Al Abaroa.

about the author:

Al Abaroa

Al Abaroa began his career on an equity desk in 1993. He carries with him over two decades of experience as a Financial Advisor, and currently serves as Wealth Management Coach at Prosper Trading Academy.

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December 17, 2018

Where Is The Market Going?

Friday’s extreme weakness continued into Monday as I suggested would happen late last week. There is always the possibility of a short-term reprieve with news occurring over the weekend, but that didn’t happen to put a bid under the market Monday morning. Stocks plummeted to new lows again. Where may it be headed? February lows […]

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December 17, 2018

Johnson & Johnson’s Unbalanced Put Fly

Today, we take a look at Johnson & Johnson ($JNJ), its massive increase in implied volatility and more.  Check out the video below to hear what I had to say. Follow me on Twitter: @cboesib

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December 17, 2018

Clovis Oncology (CLVS)

The US equities markets were quite depressed today, with most indexes firmly lower through most of the session. The S&P 500 etf SPY was down over -1.70%, the healthcare etf XLV was down over -2%, and the biotech etf IBB was down over -1%. Concern about rising interest rates appears to be one of the […]

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Read Similar Articles

December 17, 2018

Where Is The Market Going?

Friday’s extreme weakness continued into Monday as I suggested would happen late last week. There is always the possibility of a short-term reprieve with news occurring over the weekend, but that didn’t happen to put a bid under the market Monday morning. Stocks plummeted to new lows again. Where may it be headed? February lows […]

Read Article
December 17, 2018

Johnson & Johnson’s Unbalanced Put Fly

Today, we take a look at Johnson & Johnson ($JNJ), its massive increase in implied volatility and more.  Check out the video below to hear what I had to say. Follow me on Twitter: @cboesib

Read Article
December 17, 2018

Clovis Oncology (CLVS)

The US equities markets were quite depressed today, with most indexes firmly lower through most of the session. The S&P 500 etf SPY was down over -1.70%, the healthcare etf XLV was down over -2%, and the biotech etf IBB was down over -1%. Concern about rising interest rates appears to be one of the […]

Read Article