Financial expert Mark McMillan talks about what’s going on in the market today, his trade recommendations and gives his take one what to do.
“What happened during the last session?
The major index ETFs opened lower and then sold off a bit more in the opening minutes. Within the first fifteen minutes they hit their intraday low and began slogging higher. The Dow wouldn’t break into positive territory until the final half hour of trading. For the S&P-500 and the Russell-2000 they would flirt with positive territory but would not establish a position there until the final hour of trading and, along with all the other major indexes, experience a surge higher in the final half hour of trading rapidly for the first half hour of trading…”
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About Mark McMillan:
Mark McMillan entered the world of finance to solve the problem of why and more importantly when the markets will go up and down. He developed a behavioral model to understand what is really happening in the markets and uses it to time the markets. He also uses fundamental research to determine valuations for companies. He combines the behavioral and value strategies along with macro-economic analysis to build a portfolio with both long term and tactical positions.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
