How To Read the Mood of the Market

It's been a lifeless August in the markets so far, but volatility has erupted again. Is it really back after just 3 weeks? And what does that mean for your trades?

Jeff Cooper shows you what he uses to read the mood of the market:

  • The day to day action of the averages
  • The action of the leaders

Despite a big rally day in the averages yesterday, his four horseman names that led the charge off the December low –

OKTA, TWLO, MDB, and COUP – all opened on their highs and closed near session lows.

It looks like these high flyers have been getting their wings clipped, and hot IPOs are also getting hit with the same troubles.

Last September, Jeff warned of a Red October. The pieces are falling into place for a September storm.