Large One-Day Gains After Stock Market Corrections
Large one-day gains in the indexes can give you the feeling that you are missing out. Just remember, the largest gains in the market usually occur during stock market corrections. A 2.9% gain on Oct. 16 put the Nasdaq composite back above its 200-day moving average (2). Though it was enticing, it quickly failed.
Follow-through Days Using Swing Trading Strategies
Follow-through days are a stronger signal than a single one-day gain. That’s where you get a powerful gain on volume heavier than the previous day on day four or later in a rally attempt. It confirms the initial strength of a one-day gain and suggests the stock market correction may be over. But they don’t all work.
This is an article on where to get a money market account. We cannot watch it unless you join us. Please post any questions in the replies section of this post.
