Last week, I gave a fairly comprehensive exegesis countering the assertions of MarketWatch‘s Brett Arends’ article, “Dow ‘death cross’ is pure voodoo.” After addressing each of Mr. Arends’ key arguments with accurate context and factual...
Wall Street was abuzz early last week when the Dow Jones Industrial Average formed what is known as a death cross — a bearish signal that occurs when the faster-moving trend represented by the 50 day moving average dips below the longer-term 200 DMA. In market...
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