Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
Your email will always remain private.

Market Lab Report - Premarket Pulse 9/21/15

Major averages fell Friday on exaggerated volume due to quadruple witching. The negative market reaction to the Fed's latest statement is largely due to concerns about the slowing global economy. So while the Fed postponed a rate hike, the bigger picture remains stormy. Quantitative easing which began in late 2008 then followed by other central banks around the globe has little to show for it in terms of improving economic health as a number of countries near recession. Even in the US, companies have overall shied away from expanding preferring instead to buy back shares, while banks have been slow to lend to newer, smaller companies.

The market may be working on a longer-term top, but the reaction rally that has occurred since the "Capitulation Monday" lows of four weeks ago remains intact. While the indexes sold off hard on Friday, many recovering leaders continued to act normally or constructively, such as Facebook (FB), which was up on Friday and has held above its 50-day moving average over the past few days. Even in a choppy, go-nowhere environment, reasonable short-term profit opportunities have shown up a number of times this year in key stocks on both the long and short side as shown in our Reports section. Thus it is key not to take one's eye off the ball even in a challenging sideways market environment.

Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy