NewsFeeder
01-09-2019, 10:00 AM
Stocks are trading much like they did in 1957, just ahead of the ‘Eisenhower recession’
Investors shouldn’t try to use it as a playbook for the current pullback, but it is worth noting that price action in the stock market over the last 12 months correlates most closely with the period running from October 1956 to October 1957, says technical analyst Jeff deGraaf.
https://finance.yahoo.com/m/94155023-6351-31cb-b3d3-aba1e88f98d8/stocks-are-trading-much-like.html?.tsrc=rss
Investors shouldn’t try to use it as a playbook for the current pullback, but it is worth noting that price action in the stock market over the last 12 months correlates most closely with the period running from October 1956 to October 1957, says technical analyst Jeff deGraaf.
https://finance.yahoo.com/m/94155023-6351-31cb-b3d3-aba1e88f98d8/stocks-are-trading-much-like.html?.tsrc=rss