September 5, 2019

Big open for the market today as news broke of a new meeting between China and the U.S.   Is it a game changer, or simply another "gum job" meant to prop the market up on "hopes"?  These situations are where the Chaikin Analytics app shines, helping us cut through the noise and form an opinion.  While it's not completely clear, the moneyflow and OB/OS oscillator or  leading us to be somewhat bullish, however, the fact that the oscillator has little room to the upside suggests the upside move may be muted.  Watch todays video to see all of what the chaikin app is telling us.  Also today we manage our  simulated long ETF portfolio.  We have undoubtedly been successful in  following the strength in this choppy market, but remain underwater.  A bullish run could be enough to push this year long experiment into the black.