YouSaid · the spoken record

Stephen Suttmeier

lines on the record: 146
first: 2023-12-21
most recent: 2023-12-21
sittings or episodes: 1
sources: podcast

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“Yep. I think the biggest thing I wish I knew when I was first getting started is, and you can say it in technical mumbo jumbo and fundamental mumbo jumbo is the same thing. An oversold stock can always become more oversold. And an undervalued stock can always become more undervalued. And when I learned that, I think things improved a lot. I wish I knew that early on.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And you know you got a lot of time when that happens. So I would always gravitate towards a chart. And I would say it's really funny. Like even folks that consider themselves fundamental investors do the same thing.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“I do a feature. Yeah, exactly. A and R and also there's like I have this recommendation ratio line on my Bloomberg chart I pull up every once in a while. Sometimes I find it really informative. Other times I don't. But there are times when I can see a chart like bottoming out and everybody hates it. And then it breaks out and it's like, it's amazing how the analysts start to.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“People's opinion on price action to some extent, but it actually reflects what fundamentals are to some extent too. So it's psychology and what actual factual information is. I mean, it's discounting what the fundamentals are or will be in the future. So I would say you could have an analyst note saying sell this stock like it's unholdable or hard sell on this name. But you look at a chart and it looks like it's forming a double bottom. I may look at the chart more so on the fundamentals because, you know, if the chart works, guess what that analyst has to do?”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“That's obvious because let's look at the chart, no question. Why? Because the chart reflects fundamental information. Bottom line. I mean, look, what does the price reflect? It reflects a little bit of the funny money from the high frequency trading. We have no idea what that's all about. But it also reflects.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“But it's very interesting though because you run into a lot of folks on the institutional side that aren't technical analysts but use technical analysis and some of them even pursue the CMT designation which is a charter market technician the credential that's the equivalent of the CFA chart of financial analyst and they do it. I would say if you're interested in a career where you're going to be doing some technicals, I mean obviously a trading desk type of role might be suited for that, an equity analyst would be suited for it. I know a few equity analysts that do not that they're making fundamental views based on technicals but if they want to upgrade a stock and they look at a chart saying well I love the fundamentals on this company but the chart looks like it can break below 50 and head to 45 maybe I should wait for that to happen”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“It's unlikely. You know, I'm very lucky to be sitting where I'm sitting. It's like, and who knows how long it's going to last. You know what I mean? It's like, you know, I mean, the business is tough. I mean, it definitely.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Learning technicals will save you and will help you a ton, but you're not going to be getting a role as a technical analyst. There's just not that many of them. And often they're just placed at the back of the bus. And as Ralph Afghanpora said, that's where they have the beer is. So I'm perfectly happily being in the back of the bus. But still, I mean, I would say, you know, again, here's another quote. I don't remember who I heard this one from, but it says the CFA designation will get you a job, but the CMT designation will allow you to keep your job. So look, I mean, if you want to become a technical analyst and work at a bowls bracket research firm as a technical analyst,”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And whenever I interview people, I always want to know what they're doing outside of business and finance because I find that more interesting in some regards. I think, let me think the last, like if they were professional cross player, not professional, a college division one lacrosse player. That's kind of interesting. They know how to be part of a team, some of those intangible. So I would say, you know, some of the intangibles and things outside, you know. Are interesting. I mean, somebody looking to get into technical analysis, I mean, I would say probably avoid that like the plague. Why? I mean, are there a lot of technical analysts on the street these days? You know, probably not. You can count them on maybe two hands. I would say. If you want to get a role in finance or as an analyst, Or as financial advisor.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Because that comes up. When we interview people, you know, there's always, hey, did you read that story? And most of the time, people say, no, I don't do that. I listen to podcasts. But they still get the same information, you know, similar information.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I mean, finance, I think, believe it or not, especially RNL, creativity is very important. Also, curiosity is very important. When I was looking for a job in finance coming from a different background, it was tougher. And I just didn't. I really didn't really start making headway until I was up on the news, you know, the Wall Street Journal, like consistently reading that for like a month. Then I was ready to go in and talk to people about careers to some extent. You know, obviously not an expert on anything, but just expressing the interest. But I would say.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“No, no, no, no. It was high school. But it did help me out with the English language, which was good. A lot of the words get derived from Latin. And, you know, and obviously German too. So I did take some German in college, unfortunately. Forgot most of that as well”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Geez, sign me up. I'd do that in a second. It's fun. No, but other than that, I mean, obviously when I was in college, you know, part of the English writing major is you had to take literature classes. And my favorite literature classes was the Epic Hero. So it was the Hobbit, Lord of the Rings. You know, of course, I read the Hobbit prior to that class, but I read it again. I read some of the Lord of the Rings prior to that class. It was a lot of intense reading. I mean, it's Lord of the Rings. I can't even say the Sermilian. I can't even say it. And then also The Odyssey and the Iliad.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, sure. I mean, you know, obviously all the people I mentioned earlier in the podcast, of course, you know, my dad, Mary Ann Bartels, my boss at Wayamar Huff, Stefan Haberer, very, very, you know, helped me steer again into the fundamental side of the business. As far as like technical analysts and things like that, books I've read, I mean, mostly influential by John Murphy, Martin Bring, and Dr. Alexander Elder. I mean, those are my go-to's as far as the, and Norman Forst back, too. I have that book, Stock Market Logic. I love that book.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“That's so cool. I found my dungeon masters guy, my player's handbook with the duct tape holding it together by the time, yeah, I mean, you know, my son, I taught my son, my daughter played for a little while, but wasn't her thing. Now we're continuing a... I started a little club in town, so we got a few people playing every other Saturday, so it's fun. It was a good thing to do.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, I love that show because I was a 1980s Dungeons Dragons kid. And now I'm playing it now with my son, some of his friends. So COVID actually brought a few things out. You got that into some old hobbies, which was kind of fun.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, and of course I'm sitting there. Oh, this looks interesting. It's about kids splat. And I'm like turned it on and all of a sudden, oops, let's turn that off. My son was in the room. He wasn't watching it, but he was doing something else. Right. And I'm like, all right, this coming right off.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And the second I hope so. And now I'm watching this V University show or something like that with the same concept, same people. But young kids that are in school.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Sure, so in terms of TV shows and things like that, I well. I've been watching Loki on Disney Big Star Wars fan, so obviously I watched The Mandalorian, Ahsoka.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Technology sector stalled at its two thousand high relative the S&P entering this year, and then of course when growth versus value didn't work, I mean when value beating growth did not work and growth took the mantle leadership again, guess what happened? Tech broke out to all-time highs relatively S&P going all the way back to 2000. I mean, maybe that's the message we need to take here. As long as that breakout is in place, how is value going to be growth?”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, I think so. I think it bottomed out in 2006. And one more thought that you would have seen a peak in that. Not that you have to sell all your tech names and buy all the value names because that is obviously not what you want to do. But yeah, it was surprising that technical formation did not work. A nice classic double top formation on growth, relative value. A little bit surprising. And the Nasdaq stole, not the NASDAQ, the yet.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, the call I want to forget, though, is being so bowled up on value overgrowth entering this year because quite frankly, it looked like a classic double top that supported the case for value to beat growth. And obviously that didn't work.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“We did a radio show on that. I remember back in the day you and me talking about it, and I was explaining well, I mean, you know, a big trading range, a breakout of it. You know, this is like 1950, 1980. It should continue for a while.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“So, you know, the interesting thing is, and the equal weight had its best period during the 2000 to 2013 bear market for equity. One would argue that having a greater concentration Not to the extent, maybe it's magnificent 50, maybe it's magnificent 100 going forward. I mean, I would take that as a bullish sign if we went from the 7 to the 20, maybe even more. But you're rewarding the winners. And I guess that's capitalism for you in some regards”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“It might not be wrong. And quite frankly, I would argue that could very well be a factor of a secular market. And here's why. During secular bull markets, what outperforms? Large caps or small caps.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And then when it gets too exciting, such as the tech bubble, that's when things change. And it doesn't seem like we're there now because we talked about these indicators peeking out in advance of the market in 2021. I don't really have that here, you know, as we're on this corrective phase, except for the percentage of stocks above 200-day moving averages. That does have the divergence. Credit spreads confirm the rally, financial conditions confirm the rally. A lot of other indicators confirm the rally. So there's a little different than, say, two years ago at this point.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“There should be. Yeah. I mean, I think so. I mean, because the 80s, you know, I guess the birth of the computer and things like that,”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Exactly. Progress, I guess, is the term. I mean, maybe we fear greed and progress. And I hope progress continues. I mean, look, I mean, maybe the secular driver of this is the AI theme or things like that. Because every secular bold trend has some sort of theme behind it, even think.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“It's human beings who created it. So, I mean, there is a human element touching all of that. So maybe if we're coming back in 10 years, 20 years and the machines are creating things, then maybe we have a different argument to talk about. But one would think if machines were working the market, it wouldn't be as emotional as it is. And it is very emotional”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, I think you can. The primary reason you can is because the dynamics of human nature and fear and greed haven't changed. Now people say, well, there's more mechanical trading these days with high frequency trading and things like that. I'm like, well, who created the programs”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we'll see. I mean, it takes time to really figure that one out. But I think we're a lot more normal than we were 10 years ago.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“It's not, I mean, it is aggressively hiking. They did, but they got it to a more normalized level. So again, I mean, is it normal to get a return on cash investments? The answer to that question, I would argue, is yes. So this is the most normal environment we've been in a long time.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I mean, I think it's good that the equity market was able to, you know, I mean, obviously at first it corrected, but able to rally again because, again, I mean, people say, hey, they're increasing rates drastically. And I'm like, I would not call it normalization of rates. That's really what's going on. It's not.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“They didn't even announce. People don't real Who's selling all these bonds I mean, we are spoon fed, that's for sure. I mean, I don't know whether that's a good or bad thing. I mean, again, I mean, information just comes out of us so quickly, quickly digested. You got machines that help you digest the information and make trading decisions. But yeah, the environment has definitely gotten more complicated. I mean, my dad taking the train back in the day, he wasn't getting emails on the, you know, he could actually play bridge with a few other guys on the train, you know? So let me ask you.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, I mean, you know, my dad was a bond guy all his life and he told me FOMC stands for federal open mouth committee, meaning they talk a lot and sometimes confuse markets. And back in the day, when he was trading bonds, they didn't tell you what they were doing either at the Fed meetings. You had to figure it out from price action.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, it does sound reasonable. I mean, clarity around when that final rate cut is happening probably would be helpful. I mean, I think that's one reason why the market is struggling a little bit, because there's that last hike just sitting out there creating uncertainty.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Market did well. So I think, granted, I mean, we're in an interesting period of time here where it may take a bit longer for the market to stabilize. But I do think if we follow. The pattern work December should be good.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“We're getting ready for year four, but right here, right now, it's tough in year three, August, September, October, November. So seasonality might be pushed into December. We could struggle into November because that can happen in the third year of the presidential cycle. So in the third year of the presidential cycle Positive Q4 performance is typically a Santa Claus rally event. So, and then Next part of the cycle calls for a choppy pattern into May of next year. But then you follow traditional seasonal patterns, summer rally, fall dip, and rally after the election. And it doesn't matter who wins or loses. I mean, in 2016, everybody thought Trump was a disaster. Everybody thought Biden was a disaster and the contested election was a disaster. Both cases.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah. But what's really funny about it is, I mean, November starts the best three and six month periods of the year. Which I think going back to 1928 is really encouraging for those looking for the market to stabilize. But when you think about where we are in the presidential cycle, we're in year three. So year two to year three has the best part of the cycle from fourth quarter, year two, which was last year around this time, through the middle of year three. And we did that perfectly. And now we're doing the”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“you I hope they're pretty good. First and foremost, when we use traditional seasonality work, so traditional seasonality, what does it tell you? Everybody talks about selling may and go away. But do you ever see anybody go on the media and say, hey, buy in October and stay They don't because that doesn't sell, and”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“In fact, I mean, for order for the secular call to really work, I mean, let's face it, inflation does need to come down and cannot spike 10, 12 percent. I mean, if it does, that's not what happens during secular bowl markets. The 1950 secular bull market started with inflation high and then it went down and stayed fairly contained, higher interest rates, not what you want to see, 1980, sure, it started with interest rates double digits. But our friend Volker did what he needed to do and solved that problem. Rates went down. So, you know, 10-year note yield is trending through five and a half, 5.75, and inflation is going back up. I think it's going to be very difficult for this secular bull trend to be sustained because it hasn't happened before. It doesn't mean it can't happen, but I can't find any history to support that case.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Then 57, 50 breakout in the SP above the 37 high. And then you rallied into prior to 1957. You had a correction in 1957, which was recession and a pandemic. So go figure. And then that lasted another nine years. I mean, if I'm just saying, hey, midpoint 2020 from 2013, maybe it lasts until 2027. But some of these other bull markets lasted longer. Maybe I have to get a little bit of haircut given where inflation interest rates are. I mean, that's quite a possibility.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, the only other one in a secular bull trend that matched it was the 87 crash. And guess what? 87, seven years after the 80 breakout. So seven-year itch there. I call it halftime. You know, not everybody knows Maryland Monroe. I mean, I did a Jaws reference in one of my morning call appearances, you know, talking about how the market needed to build a bigger base. We're going to need a bigger base. And sure enough, I bet you that trading floor, probably Google, what's Jaws? Because think of the average age down there. But bottom line is this, and I just digress. So let me get back to what I was talking about. So the seven-year low 87 bull market lasted until...”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Then move below it and then rally back above it by the time you're in April. And you got a nice summer rally. And then right on Q, seasonality always says going back to 1928. Well, you know, seasonality says going back to 1928, the worst three-month period of the year is August through October. And that's exactly what's going on right here. We get in that traditional correction, which usually precedes the best three-month periods of the year of November through January. So I think that's where we are now. So we could very well be ending this cyclical correction soon if we follow seasonal patterns. Now how long can the secular bull market last? Well, there's a financial advisor who helped me coin this term. I guess he was a Maryland Monroe fan, the seven-year itch.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And Trade War in 2019. And one can even argue COVID 2020. Similar setup where you went down, tested a 200-week MA, cross above the 40-week, and then corrected to undercut the 40-week. You did it twice, twice in 2012, once prior to the summer rally and once prior to the year-round rally 2012, 2016. You hit it right when the Brexit vote happened and then boom, ripped into a summer rally. Fall correction, year-end rally after Trump got elected president in 2016. And then China Trade War too, similar type of dips one right ahead of the summer rally and one ahead of the year-end rally. So here we go. We had one in March, which is a little early, but it happened. You rallied above the 40 week.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so it is a great question. So first, the view of the 2022 correction was cyclical, cyclical correction, secular bull market. We made comparisons with the Eurozone crisis in 2012, very similar to that. Also 2016 Brexit and the election that year.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“That's a huge level. So that's one. And the other one is that three month fix versus VIX went below one late September, early October of 2022 to suggest to us that the tactical medium term momentum of medium-term sentiment did capitulate. So bears capitulated from retail investors and the three-month VIX versus VIX moved below one to suggest capitulation on that indicator. And the other thing that was very interesting about October of last year was that entering the month, we had two extraordinarily bullish breath days, 90% up days on the MYFC in a row. And that helps solidify a bottom too, even though the first few sessions after that, it gave up all the rally from those two days. But the market did find support With those days. So it's very complicated. It's just so volatile now, you know.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“And I would say that was a nice retest of that low. There were some indicators. I believe the 14 week RSI had a higher low, meaning price momentum improved, even though the S&P went to a lower low. So that was a positive. I believe there were also fewer new 52-week lows. And the other ingredient was that we just talked about earlier versus June and November, you actually started to see the dollar peak and yields peak in October. So that helped the market stabilize and bottom out. So was there capitulation? Because that's what a lot of people, you know, hung up on. We didn't get the capitulation in October 2022. And I would argue we did. The one indicator I would point to to support two indicators. First, AAI bears went to the highest level, the most bearers since early 2009.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“So that was the pattern. And then we looked at 2020 throughout the year, 2022. And you did hit a nice low in June. And you were able to rally. And then guess what happened? You saw that declining 40-week, 200-day moving average in August. And then you went down and undercut the June low. Just by.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I mean, you know, I felt good about it. I mean, look, when you're looking at credit spreads peaking in the summer, you're looking at financial conditions. hitting their best levels in the summer 2021 and then deteriorating through the end of the year. When you're looking at the percentage of stocks about 200-day moving averages diverging for six months, a few other indicators I could point out, but it's a laundry list. And the S&P going to a new high in January, whereas the Nasdaq 100, NASDAQ comp topped out November, it's telling you something's going on. And it just suggested to us that the rally that we've gotten from the COVID lows was at risk and we were entering into a corrective phase. And we were targeting levels like 3,800, and we also threw out the 200 week moving average, which when it eventually tested it was like 34.90, you know, around 3,500 on the 200 week moving average.”
2023-12-21 · Masters in Business · Stephen Suttmeier on Chart Portfolio of Global Markets · IDENTIFIED FROM THE TRANSCRIPT · source