Sentences with phrase «of a pullback because»

«This is just a bit of a pullback because we've had a good run over the last few days, and there has been some nervousness that the Greece situation may not get resolved soon,» said Bill Schultz, who oversees $ 1.2 billion as chief investment officer at McQueen, Ball & Associates Inc. in Bethlehem, Pennsylvania.

Not exact matches

Nield cautions that because of strong year - to - date gains, there could be a short - term pullback.

That's still rapid growth — far better than any developed nation — but because it's such an integral part of the world's importing and exporting ecosystem, even the slightest economic pullback will have some eff ect on the rest of the world.

Also, the pullback was not of consequence because the price action was still tight and basing out, while never really breaking below near - term support of its 20 - day exponential moving average.

We set the stop at this price because it was below convergence of the low of the pullback (intraday low of April 26) and support of the 20 - day EMA.

However, we were not concerned because a subsequent pullback to new support of the breakout level is relatively common, and has the benefit of shaking out the «weak hands.»

I personally welcomed yesterday's pullback because it is likely the start of a healthy, short - term correction that is necessary in order for stocks to take a break before eventually marching higher again.

We are listing TMF as a potential «trend reversal» setup («breakouts» and «pullbacks» are the other two technical setups we trade) only because it is a fixed - income ETF, which has a low direct correlation to the direction of the overall stock market.

Therefore, because of its relative weakness, even the slightest pullback in the market should cause this ETF to fall apart to new lows.

Nevertheless, select currency ETFs such as $ EUO or commodity ETFs like $ DZZ (both pointed out as potential pullback entries in the May 21 issue of our newsletter) could be nice plays because they have a low correlation to the direction of the overall equities markets.

Further, because this is a Pullback Buy setup, the reward to risk ratio of the trade setup is favorable.

Recall this is actually a re-entry into $ SOXS because we already locked in a nice profit at the beginning of this month (bought the pullback to the 20 / 50 - day MA convergence, then quickly sold into strength a few days later).

When an ETF or stock with relative strength breaks out of a base, the first subsequent pullback to the 50 - day MA typically presents a low - risk buying opportunity because it is this level where institutions often step back in to buy.

Because of the current pullback to the 10 - week MA, we expect the price action to hold at or around this level over the next week or two before the uptrend resumes.

The cryptocurrency pullback happened mainly because of fears of harsher regulations and other specific situations.

Because the equities market has been pushed up by this additional flow of funds, any sign that investor sentiment is shifting will lead to a pullback in margin debt, and this leads to selling pressure in the equities market.

Shareholders should also be prepared for even further declines, because even after today's pullback, the price target that MKM put on Kors implies another 20 % of downside potential for the stock.

Because what ends up happening is if you spend all of your margin and we go into a pullback like we just had in October some people got caught off - guard and they were contacted and told, «Hey, we need you to bring in additional money because your equity has gone too low.Because what ends up happening is if you spend all of your margin and we go into a pullback like we just had in October some people got caught off - guard and they were contacted and told, «Hey, we need you to bring in additional money because your equity has gone too low.because your equity has gone too low.»

Unlike our stock trading strategy, which focuses primarily on Breakouts and Pullbacks in uptrending markets, we afford ourselves a bit more diversity with our ETF trading strategy because we also seek to take advantage of ETFs reversing from downtrends.

When scanning for pullbacks on weekly charts, the prior highs of a legitimate base typically provides strong support because a prior resistance level becomes the new support level after the resistance is broken.

Because such price action occurred after an extended, four - week rally, we made a judgment call to raise the stop to just below the two - day lows, which would enable us to lock in a very large gain in the event of another pullback.

«We've been saying it for the last few weeks now, but we'll say it again — when the market does finally experience a pullback, it's going to feel exponentially more painful for investors because of the simple fact that we haven't experienced any kind of meaningful pullback in so long.

We had suggested long positions because we anticipated a pullback once the digital currency broke out of the descending channel, but we were wrong.

Alternately, on pullbacks I am a buyer because I believe we are starting to show signs of a base.

The fact is that you are guaranteed a yellow for cynical play in a counter attack, but the difference here is that normally cynical play is not dangerous at all because it's a pullback or simply pushing but in this case he actually tackles with the intent of kicking Barrow's legs; that can easily be construed as dangerous play.

Pullback entry is a very powerful method because it uses the eager capital of those who missed the first move.

Because of the dramatic pullback, large banks would have to dramatically lower their underwriting standards to regain FHA market share, which they are unlikely to do, he said.

«We're seeing a pullback because of the ICO,» he told CoinDesk.

The cryptocurrency pullback happened mainly because of fears of harsher regulations and other specific situations.

It achieved this mark despite declining one percent for the day because NEM — the former occupant of the 10th spot on the market cap charts — endured a four percent pullback that dropped its market cap below $ 5 billion.