
Ep. 55, Part 1: Scott O’Neil & Steve Birch: How To Identify Quality Growth Stocks For The Post-Coronavirus Market Uptrend
Investing With IBD
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The Chinese Stock Exchange's Follow Through on March 25th
The Chinese market had a follow through on March 25th. The Shanghai index only need to decline by 3.2% and it will undercut its prior low - the follow through will fail. We know from studying the prior 23 market cycles that if it fails, if this follow through signal fails, it's going to do it within two weeks. So we're always very cautious. We always buy something, but we always know that there's this two week test window. It might not work.
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