StockCharts.com’s Your Daily 5: May 11, 2022
US Stocks: Get Ready For More Pain | John Kosar, CMT
Asbury Research’s John Kosar reveals what he believes are the most important and potentially influential market metrics to watch in the weeks ahead. Asbury’s SEAF Model remains overweight Energy, but the Asbury 6 still retains its April 12th Negative market bias and warns of an even deeper decline.
- 0:00 Intro
- 1:07 Asbury 6 Is Negative
- 4:54 Know Your Levels: S&P 500 Hitting The Speed Bumps
- 6:26 Influential Stocks: Tesla (TSLA) Breaking Down
- 8:41 SEAF (Sector ETF Asset Flows) Model: Overweight Energy Since January 4.
- 10:25 2nd Quarter Seasonality: More Pain Ahead
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