I have been quiet but busy, I assure you. I’ve come up with an interesting system that trades dividend-paying stocks on a <24 hour basis, and I've also been down the Python-coding rabbit hole, creating an automated script to trade using Alpaca brokerage. I hope to have more info soon.
The Breadth Indicator has turned yellow.
The “Matt’s Breadth Indicator” has turned green. For me, that means it’s time to look at long-term investments again.
Indicator has turned red, which shouldn’t come as a surprise.
Last week did not turn the indicator to yellow, but today’s big drop definitely did. Yellow means a) maintain the status quo if you’re just trading SPY, or b) don’t initiate new individual stock trades if adhering to my recent testing. Or just enjoy the fireworks.