You can access this week’s RASI Report here: … … McC_Rasi041219
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RASI: Index Continues Higher: DJIA Reaches All-Time High
The RASI continues its run higher, rising 9.3% this past week, from 678 to 741. It is now only about 7% below its overhead resistance line at 800. If the Index reaches 800, will this turn out to be a Triple Top or will the Index bullishly break through and continue higher? [more]
RASI: Index Up Almost 100% In Last Three Trading Weeks
The RASI continues its unbroken rise every day and now sports a 16-day continual increase going back to December 5. Then, it was 449.50. Now, it is 883.74. This equates to a gain of 97%. In the same time-frame, the DJIA has also risen, with a gain of 3.1%. The RASI and the DJIA are now back in sync. [more]
Will the Stock Market Bounce Be a “V” or “W” Shaped Recovery?
If you return to the market too soon, you could be fooled by a false recovery, especially in times such as these that are unpredictable due to the coronavirus. [more]