Sean Russo
👤 SpeakerAppearances Over Time
Podcast Appearances
And on the right, we're looking at a 10-year price chart.
Honeywell pulled back about 3% from all-time highs.
220 is a key support level to watch.
That's the former range ceiling.
That is now a floor.
We've been seeing a handful of higher highs and higher lows.
Josh would call this a consistent uptrend or an orderly breakout.
If it holds this range above 220 to 225 or even reaccelerates, we would be in the money.
And again, using a Josh Brownism, you can set your trailing stops at about 220 and a close beyond that below that would be an issue.
One more quick one, Michael, which I think you'll like.
John, go to the iShares MSCI Emerging Markets.
I know Michael Batnick is a big Emerging Markets guy.
He's a big valuation guy.
I'm just kidding.
He's not.
Emerging Markets is up 28% the last year.
It's up 58%.
I'm sorry.
It's up 58% the last year, but 28% year to date.