Benjamin Cowen looks at how extended the stock market is relative to previous moves. Ben is a pure numbers guy and one of my top follows. Enjoy.
To each their own, but I like fresh perspectives in addition to my own. Sometimes I don't know what I don't know. Hope that makes sense
no problem mister. we have different preferences, different experiences. so do what you feel comfortable with.
At 331,000 subs I don't think Ben has a problem getting people to click on his videos. The title is fitting.
He said last March and April, which would have been the covid crash, and yes there was a lot of recession/depression/doomsday talk. He was making the point that it was a great low risky buying opportunity with price dipping well below the 200wk sma.
Nice drawing/predicting skills. ***Opens windows paint & uses his master skills*** Ogh well... At least tried.
He was right and many others that it was a buying opportunity. Dime a dozen. Bet he doesn't make videos for the times he is wrong. And yes there were plenty of econs and talking heads calling for a recession. that's what they do. Depression or doomsday is the calling card of the media. Who in their right mind listens to them? BTW does this guy trade - his or OPM?