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how is it possible for BMI is dropping when s&p and DOW is reaching highest levels ?,is BMI is really selling but retail investors are buying to keep S&P at higher levels ! Appreciate explanation
The BMI looks at all stocks…including Technology stocks. Those have been falling.
When non-cyclical stocks log sell signals, it brings the BMI down. It’s hard to see what stocks are doing by looking at the S&P & Dow stocks alone.
Audio without video (charts) is useless. And this video is too full of yak-yak and frankly unfunny sound effects to be taken seriously. I think MAP is great and I would suggest you stick with your Thursday MAP updates.
Thanks James –
We have fun doing these videos no doubt. One day we’ll have the right mix of chat, effects, and data/commentary.