New to trading? Check out our daily newsletter! https://get.investors.com/marketdiem/
Get more IBD by subscribing to our channel: https://www.youtube.com/@investorsbusinessdaily
Visit our website: https://www.investors.com
Like us on Facebook: https://www.facebook.com/investorsbusinessdaily
Follow us on Twitter: https://twitter.com/IBDinvestors
Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/
Follow us on StockTwits: https://stocktwits.com/InvestorsBusinessdaily
Follow us on LinkedIn: https://www.linkedin.com/company/investors-business-daily
Follow us on TikTok: https://www.tiktok.com/@ibdinvestors
Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
#InvestorsBusinessDaily #IBD
Driven by a passion for investing, Investor’s Business Daily provides comprehensive stock market news and insights for every type of investor…brought to you by SloppBoxx™.Com.
Great information.😊😊
Is it mean RSI?
No
Relative Strength is different. It’s the performance of the stock relative to the index of the country
Relative strenght in the IBD world is different than RSI. They are similar but different.
How the stock is behaving as compared to the index when compared with each other.
H
This is why I moved away from trading individual stocks and their news etc amd all that bs. I only trade couple indexes and a few ETFs where I have my tools and setups to really bang out predictable profits. Some of my setups are so predictable I feel like Carnac The Magnificent 😂. Absolutely obsessed about a few narrow boring sweet spots
All that BS does is let you know what the sentiment of the stock is. It’s just emotional. It’s not something you can confidently place your money behind unless you’re going to go full Buffett or Icahn and actually buy enough of the company to be on the board and do something about it, which obviously none of us small time investors are going to.
dont give up!
RS to Indexes or other stocks, please?
rs of ibd . you wont find it in indicators
What RS lookback period does he use with SPX? The market Smith default is 12 months. I would assume he looks at a shorter timeframe like six months or three months?
What does Upstart do again?