Dow Jones - Complex Correction Sequence Complete - SELLDIA remains a STRONG SELL
Analysis Method: Fibonacci & Wave Theory
See related idea for past analysis.
A complex correction has completed. The largest 30 companies are facing serious headwinds. I will keep this idea updated with relevant information.
Here is a brief...
GE - Massive Liabilities
Apple - Massive Privacy Concern/Social Concerns
BA - Embroiled in China/737 MAX
CAT - Tariff/Slowing Global Growth
KO - CEO shake-up
DOW - CEO Shake-up
IBM - CFO Shake-up
Intel - CEO Shake up
JNJ - Mislead Consumer about product saftey
JPM - Blockchain
Merck - CEO Shake-up
Microsoft - Blockchain/Privacy
Nike - CEO Shake up
Pfizer - CEO Shake up
Travelers - Blockchain
Visa - CEO Shake up
Wal-Mart - Earnings?
Disney - Iger? Earnings?
;)
Will update.
Cheers.