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Ep. 1100: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Fine Demand Dynamic

The Dow Jones Transport's new lows for the move took out at Stu and Los. The Dow did not, which is a short run divergence. If you're a trader, you're like, wait, okay. Our Bob gasoline made new highs, crude didn't make new highs. Every time you see one of those things, it has to be a warning flag. There's going to be rallies. Try to sell rallies. My leverage goes back to what I said about people being triple leverage in equity market. Everybody wants it to rally; that must be bullish. You have to be very careful having selective bias in the data.

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