StockCharts.com’s Your Daily 5: May 8, 2023
Market Coiling For Next Big Move | John Kosar, CMT
John Kosar of Asbury Research is back to share his five most important charts, data series, and Asbury Research quantitative models. He believes these will be the most influential to the stock market direction in the next several weeks, and potentially into the summer months.
- 00:00 Intro
- 02:53 S&P 500 – Investor Indecision Since December ($SPX)
- 04:13 Market Internals – Asbury 6 Is Dead Neutral
- 07:55 SEAF Model Is Defensive
- 11:31 Relative Performance – CARP Model Leaning Positive
- 13:33 Market Leadership: Apple Vulnerable To A Reversal (AAPL)
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