Shock Wavin. Verizon And United Health Battle Concussion Waves.

DECEMBER 11, 2018. Poseidon ruled beneath the waves. It was much calmer below. Peace ruled but breathing came in gulps. Positive price-action is now much like a gulp, when there is any. We would settle for a slice of stability. Got any?
Markets are in correction pain mode and relentlessly technical. “Fundamentals” you say? Fundamentals are not driving. Vast swaths of stocks with good fundamentals now struggle beneath concussive waves of their descending moving averages. Little breathing occurs that far down. And what about fortress companies such as United Health and Verizon? Bulwarks both.
Yet keep the following in mind. On-going instability and down-trending volatility are this market’s rule. STOCKjAW snorkels the depths on two of our strongest survivors. Even these stars are in a very wavy way. Continue reading Shock Wavin. Verizon And United Health Battle Concussion Waves.