Eoin - appreciate your use of both the P&F and weekly chart against the moving average in your discussion of Microsoft. When evaluating the consistency pattern of stocks (Microsoft and others), how do you "adjust" for circumstances such as COVID 19? Clearly, Microsoft was negatively impacted like many other equities in the COVID induced meltdown, but has also rebounded more smartly than others. Thanks, as always, for your insight and willingness to share same.
Thank you for this question which gets to the heart of a question I think most people are thinking at present. There are three important considerations when looking at market reaction. These are: where are we in the secular trend? Is liquidity expanding or contracting? What does the chart tell us about sentiment?Click HERE to subscribe to Fuller Treacy Money Back to top