This Rally Have Legs?
We never actually know that we’ve been in a bull market until well after the bottom.
It’s easy to look back and pinpoint the March 2020 low or the March 2009 Expert Option 檢閱 low, for example, and say, “That’s when the bear market ended and a new bull market started”.
But in real time, when we’re going through that transition, how can we possibly know?
Well, classic signs of the end of the bear markets are things like historically bearish sentiment extremes and washout breadth levels.
We obviously had both of those as our sentiment readings this summer were the most pessimistic since the Great Financial Crisis, and only 14% of stocks on the NYSE were in uptrends (compared to almost 90% entering Expert Option 檢閱 2021).
Those are the things you see just before the market turns.
Now, what are the things you Expert Option 檢閱 see just after a market turn, around the 2nd inning or so?
Momentum thrusts.
Relentless buying pressure coming off historic selling. And that’s precisely what we’ve been seeing over the past month.
Here’s a chart showing the average performance of the S&P500 from 6 months prior to 12 months after a Momentum Thrust Signal:
While it’s not perfect, let’s remember that nothing is.
So the questions we want to ask ourselves, as we wonder whether or not this rally has legs are,
“Did we see what we usually see right before the market bottoms?”
“Are we now seeing what we usually see around the 2nd inning of a new bull market?”
Does this look like all the other times the market put in a major bottom and started a new bull market?
So is this time different?
Are you shorting this rally? Are you betting that we go down and retest, or even break, this summer’s lows in the major indexes?
If you are, then you’re betting that this is the greatest “bear market rally” in the history of the stock market. Because whenever stocks did what they just did, they have never rolled over to make new lows.
So are you betting this will be the first time ever?
How are you expressing your short positions?
Most importantly, what would the market have to do from here to prove your bearish thesis to be incorrect?
Let me know. We love to hear from you.
In the meantime, Premium Members make sure to check out the replay of this week’s Live Video Conference Call. We discussed all of this and so Expert Option 檢閱 much more. You can also skip right to the Trade Ideas page if you’d like.
Give us a call at 323-421-7991 if you still don’t have access. Or contact us here.
This Rally Have Legs?
We never actually know that we’ve been in a bull market until well after the bottom.
It’s easy to Expert Option 檢閱 look back and pinpoint the March 2020 low or the March 2009 low, for example, and say, “That’s when the bear market ended and a new bull market started”.
But in real time, when we’re going through that transition, how can we possibly know?
Well, classic signs of the end of the bear markets are things like historically bearish sentiment extremes and washout breadth levels.
We obviously had both of those as our sentiment readings this summer were the most pessimistic since the Great Financial Crisis, and only 14% of Expert Option 檢閱 stocks on the NYSE were in uptrends (compared to almost 90% entering 2021).
Those are the things you see just before the market turns.
Now, what are the things you see just after a market turn, Expert Option 檢閱 around the 2nd inning or so?
Momentum thrusts.
Relentless buying pressure coming off historic selling. And that’s precisely what we’ve been seeing over the past month.
Here’s a chart showing the average performance of the S&P500 from 6 months prior to 12 months after a Momentum Thrust Signal:
While it’s not perfect, let’s remember that Expert Option 檢閱 nothing is.
So the questions we want to ask ourselves, as we wonder whether or not this rally has legs are,
“Did we see what we usually see right before the market bottoms?”
“Are we now seeing what we usually see around the 2nd inning of a new bull market?”
Does this look like all the other times the market put in a major bottom and started a new bull market?
So is this time different?
Are you shorting this rally? Are you betting that we go down and retest, or even break, this summer’s lows in the major indexes?
If you are, then you’re betting that this is the greatest “bear market rally” in the history of the stock market. Because whenever stocks did Expert Option 檢閱 what they just did, they have never rolled over to make new lows.
So are you betting this will be the first time ever?
How are you expressing your short positions?
Most importantly, what would the market have to do from here to prove your bearish thesis to be incorrect?
Let me know. We love to hear from you.
In the meantime, Premium Members make sure to check out the replay of this week’s Live Video Conference Call. We discussed all of this and so much more. You can also skip right to the Trade Ideas page if you’d like.
Give us a call at 323-421-7991 if you still don’t have access. Or contact us here.
Topical and Oral Therapies for Childhood Atopic Dermatitis and Plaque Psoriasis
Background: Treatment of atopic dermatitis and psoriasis in children is difficult due to lack of standardized treatment guidelines and few FDA-approved treatment options. Treatments approved for adults may be used off-label in pediatric patients. Objective: This review evaluates the topical and oral treatment options available, including off-label uses, and provides a basic therapeutic guideline for pediatric atopic dermatitis and psoriasis. Methods: A PubMed review of topical and systemic treatments for pediatric psoriasis and atopic Expert Option 檢閱 dermatitis with information regarding age, efficacy, dosing, contra-indications, adverse events, and off-label treatments. Results: The search identified seven topical and five systemic treatments that are routinely employed to treat pediatric atopic dermatitis and psoriasis. Limitations: Standardized guidelines regarding treatment choice, dosing, and long-term safety are scarce. Reviews may be subject to ascertainment bias. Conclusions: Current treatment guidelines are based on clinical experience and expert advice with few treatments officially approved for atopic dermatitis and psoriasis in children. View Full-Text
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Share and Cite
Frantz, T.; Wright, E.G.; Balogh, E.A.; Cline, A.; Adler-Neal, A.L.; Feldman, S.R. Topical and Oral Therapies for Childhood Atopic Dermatitis and Plaque Psoriasis. Children 2019, 6, 125. https://doi.org/10.3390/children6110125
Frantz T, Wright EG, Balogh EA, Cline A, Adler-Neal AL, Feldman SR. Topical and Oral Therapies for Childhood Atopic Dermatitis Expert Option 檢閱 and Plaque Psoriasis. Children. 2019; 6(11):125. https://doi.org/10.3390/children6110125
Chicago/Turabian Style
Frantz, Travis, Ellen G. Wright, Esther A. Balogh, Abigail Cline, Adrienne L. Adler-Neal, and Steven R. Feldman. 2019. "Topical and Oral Therapies for Childhood Atopic Dermatitis and Plaque Psoriasis" Children 6, no. 11: 125. https://doi.org/10.3390/children6110125
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.
Hendon Hooker Expert Option 檢閱 getting it done!
Boys, gonna be a good year for UT football! Sat in on a little practice yesterday and he was on target with his play. Deep outs, quick outs, slants, he was hitting them all in stride and his timing was quite good on a few where the bump coverage got into the wr.
9-3 or 10-2 it's coming!
Coach Hype aint playing like his predecessors.
- Aug 18th, 7:56 AM
- 142 months
- Posts
Is he gonna play defense?
- Aug 18th, 7:58 AM
- 61 months
- Posts
I knew that was coming! I doubt it. And you are right, Defense is UT's issue. I didn't get to watch anything other than this QB WR session (about 20 mins) but I'm hoping the D catches fire somehow.
- Aug 18th, 8:15 AM
- 58 months
- Posts
BrickXBrick said. (original post) I knew that was coming! I doubt it. And you are right, Defense is UT's issue. I didn't get to watch anything other than this QB WR .
The defense will definitely catch fire!
- Aug 18th, 8:45 AM
- 61 months
- Posts
HoovieHeavy said. (original post) The defense will definitely catch fire!
Yeah, you got me there.
- Aug 18th, 8:53 AM
- 136 months
- Posts
As a Bama fan, our game against UT is the one that concerns me the most especially if you guys are undefeated going into it. We Expert Option 檢閱 Expert Option 檢閱 will be coming off Ark and AM which sets up a perfect trap game. I don't think you'll be able to slow us down but I think we could have trouble doing the same. I'm honestly just glad there will be some more competition in the east.
- Aug 18th, 9:Expert Option 檢閱 11 AM
- 138 months
- Posts
UAGRAY said. (original post) As a Bama fan, our game against UT is the one that concerns me the most especially if you guys are undefeated going into it. We will be coming off A.
- Aug 18th, 9:14 AM
- 61 months
- Posts
UAGRAY said. (original post) As a Bama fan, our game against UT is the one that concerns me the most especially if you guys are undefeated going into it. We will be coming off A.
Yep. The league is better when UT is good.
- Aug 18th, 9:14 AM
- 61 months
- Posts
Bolden1983 said. (original post) That ********* stadium and grass is good Expert Option 檢閱 for 1 or 2 ACL tears too.
Yeah, we fuked up Ga quite a bit in the recent past.
- Aug 18th, 9:33 AM
- 142 months
- Posts
BrickXBrick said. (original post) Yeah, we fuked up Ga quite a bit in the recent past.
Yeah you lowlife SOB's cheered when Chubb tore his in 2015 and then he ripped you a new one up there in 2017.
- Aug 18th, 9:39 AM
- 61 months
- Posts
ThatWillBe3318 said. (original post) Yeah you lowlife SOB's cheered when Chubb tore his in 2015 and then he ripped you a new one up there in 2017.
Well, you spit on Auburn fans. So, there's that..
- Aug 18th, 12:25 PM
- 138 months
- Posts
BrickXBrick said. (original post) I knew Expert Option 檢閱 that was coming! I doubt it. And you are right, Defense is UT's issue. I didn't get to watch anything other than this QB WR .
Everything is Tennessee issue
- Aug 18th, 12:26 PM
- 138 months
- Posts
UAGRAY said. (original post) As a Bama fan, our game against UT is the one that Expert Option 檢閱 concerns me the most especially if you guys are undefeated going into it. We will be coming off A.