
MY JOURNAL FOR THURSDAY MORNING β NOVEMBER 28, 2019
NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS
Be Aware of Crowd Psychology β 5i Research π°
Dwight Galusha, CMT, is a contributor of 5i Research, a conflict-free investment research provider for retail investors offering research reports, model portfolios and investor Q&A, which isΒ available to try for free (Click Here).
Stock Market Outlook for November 27, 2019 β EquityClock.com π
On the economic front, a report on new home sales was released during Tuesdayβs session.Β The headline print indicated that sales of new homes declined by 0.7% in October to a seasonally adjusted annualized rate of 733,000.Β Analysts were expecting a rate of 707,000.Β Striping out the seasonal adjustments, new home sales were unchanged (0.0%) last month, which is weaker than the 1.5% increase that is average for this time of year.Β The year-to-date change is trending 36.3% above average through the end of October, representing the best performance in over three decades.Β Subscribers can login and view the seasonal charts of this report via the following link: https://charts.equityclock.com/u-s-new-home-sales
Tech Talk is a free stock market letter service available at TimingTheMarkets.com and EquityClock.com. Ask us about the Seasonal Advantage Portfolio.
Billionaire Ray Dalio Predicts The Next Big Market Crash πΊ
About: Raymond Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of investment firm Bridgewater Associates, one of the world’s largest hedge funds. Bloomberg ranked him as the world’s 58th wealthiest person in June 2019.
BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS π
Atco (TSX:ACO.X)
Riocan REIT (TSX:REI.UN)
Enbridge (TSX:ENB)
Canadian Apartment REIT (TSX:CAR.UN)
Shopify (TSX:SHOP)
Great Canadian Gaming (TSX:GC)
MOMENTUM ALERT SIGNALS π‘
Have a great day! π