i just heard
the market bell closed the market closed
and that means it's time to start this
class
folks growth and value strategy is good
to have you here and what a day
to look at growth and value strategies
uh my name is mike fairborne by the way
you can follow my twitter handle there
in their account we'll examine the
market spend a little bit more time with
that i also want to take a look at today
focusing in on some stocks that are
stronger today
but that still carry with them growth
and
value type characteristics and by the
way it might not be a surprise to you
the companies we're going to be looking
at that are up today are not the
high-flying tech stocks that have been
like
this for quite some time they might be
those companies that didn't participate
as much in the recovery as those stocks
have
but yet still have growth
characteristics projected growth
that could lead them higher down the
road
they are up today and a lot of times you
will get uh
funds going from one side of uh the
stock market to the other
uh so we'll talk about that good to have
you all here today hello to you scott
from georgia yoko great to have you back
in osborne good afternoon to you as well
roswell georgia got charles dennis
gabriel
tony marty hello to all of you
mike valette is here to help us with the
chats i appreciate might be in here he
does state very bearish day
but some stocks were higher absolutely
yep some were and some
that do carry with them growth and value
characteristics which we want to tap
into
we want to take a look at those today
and see what's going on so we'll jump on
into this
get started but great to have you all
here hope you are holding up
in this market but we're certainly going
to talk after we look at the market
we'll talk about ways that investors
what they do
to help control risks in the market i
think today is a good day to discuss
that
all right so some points here in terms
of our disclosure items
while this webcast discusses technical
analysis other approaches including
fundamental analysis
may assert very different views uh we
kind of that should be kind of flipped a
little bit because we do talk a lot
mostly about fundamentals but yeah we'll
talk about technicals too stock markets
are volatile can decline significantly
in response to adverse issue or
political regulatory market or economic
developments
please remember that past performance of
any security strategy does not guarantee
future results for success
all investing involves risk including
the risk of loss
please also note that the paper money
application we'll be utilizing is for
educational purposes only
keep that in mind also note this these
final comments here on this last slide
quick look at myself folks if you are
new great to have all of our new folks
here i
always welcome back our great veterans
that are joining us
nice to be here with you folks i am
education coach here along with my
colleagues
and i do specialize myself in combining
both fundamental and technical analysis
that's what you get in this class
i also apply the techniques uh from the
certified valuation
analyst designation to this class
specifically
and the class that we talk about
tomorrow where we put our positions on
in terms of portfolio management i do
contribution
hits for the td ameritrade network and
the ticker tape in terms of our agenda
okay let's do a market overview we're
going to look at the s p 500 chart
specifically
and then we're going to jump right into
controlling our risk and actually you
know what
we're going to kind of blend these two a
little bit together as we look at the
chart
we're going to talk about a few key
components there then i want to talk
about growth stocks
that do have value implications
associated with them as well
the two are also higher today
today they're higher today and like i
said a lot of those did not participate
in the big rally that we saw in the
market and
but they are showing some interesting
chart characteristics and that's exactly
where
we want to go and show you the trade
examples but i will give you the
criteria
utilized to uncover
if you will those growth stocks that are
higher today
okay i'm going to move over to the big
screen here in just a second i do see a
question from muhammad singh
how to value a stock that has a has a
negative pe so maybe mike
you've got some comments on that
we can maybe tap into that too a little
bit later but good question
do that mr fellet there in the chat box
very helpful can assist in that regard
folks let's move on over
to our board here while we've got this
here and
let's jump into it right now that is the
scp-500
uh can you see it from a distance i
think you can okay
so quick note what i want to do is i
want to point out to you
a couple of different items you can see
that the trend that we've got
is still very much intact there are a
lot of different
indications on the chart here
these lower these excuse me these higher
lows that have been in check here
if we get a low here is it not also
likely true that it could be a higher
low
right a higher low on the chart we've
broken above a key
resistance point over here right around
that 34 level
let's put some levels through that you
can see how we kind of paused a little
bit as we
went sideways through that range now
we've broken up above it
and that level was 3 400. now there was
a lot of discussion
as we went and talked about that level
previously right
it was a big number we spiked up on
through it and we saw a lot of the big
tech names
follow through as a matter of fact you
know what we saw if you were looking
for it we saw a lot of
tech names i'm talking like tesla
facebook apple microsoft a lot of the
companies did this
they had these bull flag patterns that
really broke out
as the market itself sort of had a mini
bull flag here boy they followed through
and they were really some of the first
to go up but
one thing about the bull flag pattern
is that these measurements over here
from this low point
to that high point now that's a price
range folks that can be measured there
okay that same price range on a bull
flag
talking about some of these fang stocks
you know facebook apple amazon netflix
and google
many of those ran up you take the same
range over here
in price and you measure it on up
keeping that in mind if we zoom back
over
here and take a look at this area
do you see over here that we may have
already had a little bit of that
zigzag kind of sideways action that
brought us up to that bull flag
hit that top range and now he came back
down okay
one thing i don't want you to be nervous
about though is we as we look at this
and let's just zoom in on a little bit
more
and pull that over and that's about it
okay we'll pull it over a little bit
over here
the thing i want to point out to you
that and an expectation that
many traders in the market will kind of
have in mind
is that when the market or any stock in
general
breaks above a key resistance level
folks do not be surprised for just even
one second
if in fact let's get the right drawing
tool how about that
if for one moment we come all the way
back down to that support level now that
might be a foregone conclusion at this
point for many traders investors
but that's still a support level
remember what that level was
that were that was previous highs we'll
zoom back out again
that we saw all the way back
pre-coronavirus size back in february so
pausing at that level no big deal but
there could be an expectation
that we might at least come down to
those levels we don't know for sure
maybe we go up higher from here
but previously in fact let's zoom on
back a little bit here
oh that is our one year let's go to a
two year and i think i've got a two year
all set in place yeah right there okay
so here's a two-year
it's not too uncommon and you've seen
this i mean the same thing happens with
your stocks and the market in general
but
uh if you go through here and take a
look
prior highs coming through in this
particular range now as we look at those
highs yeah what do we see right there
well you got it we tested it was a
resistance level
but after breaking above it folks we
came right in there
and you can see what we saw we saw
prices kind of pause now should we be
surprised if
we get that in the market right now not
at all this happens
regularly in the market and in
securities that are out there
so just keep that in the back of your
mind as you're kind of planning ahead
potentially
okay of what could happen what could
unfold in the market
all right well i'm gonna go back to our
one year because i want to point out
maybe some some things to keep in mind
as we you know kind of consider
managing the risk component in our
portfolio as well
the market as we know has can have a lot
to do with the underlying performance of
individual stocks if the market were to
break that support level
well we shouldn't be too surprised that
it could test lower levels
right that's that's something that
investors will look for so
having said that if we zoom back in
again
take a look at this point i'm going to
pull it over give us a little bit of
space on the side here
but if we were to pull down and break
that level one indication
that traders will often times use as
they might wait
for the next recovery back in the market
they'll wait for
a slight recovery to come back up here
and see
if we make a lower high if we begin to
break down from that
then it could present larger risks in
the market
and that would be something we need to
be concerned with because remember as we
talked about this last week
what's been happening out there in the
market well i mean what's what's coming
up
we might have a very volatile election
coming up november the 3rd and a lot of
times
you know obviously we can we can drop
before that time frame hits
so be mindful of a possible pullback now
here's november 3rd over here i'm going
to kind of just step back a little bit
and just kind of point out
the general range that we're looking at
or somewhere in here
but we're kind of anticipating or
thinking about what kind of price moves
might happen
over that time frame where might traders
specifically be of
be interested to kind of get out of this
position let me see if i can just change
a color here real quick and show you
how about right through there if they
if we begin to break into a
lower low scenario in other words is the
trend changing
that could be of interest to us to take
a look at some investors will go as far
as this
they'll go all the way back here into a
shorter term time frame
and i'm gonna use actually an hourly
chart for the last
20 days and so you're looking at hourly
data here we're getting a lot more data
we can kind of see what happened in the
market today we see
where the market sell-off came in it
came in early
and it came in very hard very sharp the
rest of the day
you have to say it was relatively mild
all else being equal there's not there
wasn't a ton of movement here
from the beginning on down that's where
we saw the most volatility now
what investors that are looking or
traders looking to protect their
accounts
they might not only be looking at the
market but their own stocks
for any sort of recovery over here
let's just change this up that makes a
way back up here let's say you recover
up here
but then you begin to break on down
again
so there are going to be points in time
where traders might have a stop in place
and that gets back to what we were
discussing about ways to kind of control
your risk this is obviously folks on a
shorter term chart
but using intraday data is something
investors will do
to kind of really keep a watchful eye
on potential changes in trend that are
upcoming so just keep that in mind
all right so be watching this and just
be mindful of you know potential stop
levels in there if in fact you are one
of those traders that
like to narrow down and get a more
minute time frame
to potentially you know exit those
positions so let's jump back over here
real quick
and we'll take a look at this uh there
we go
so jumping back over here yeah so you
know on a longer term
chart you can always zoom in to it get a
more minut level
of that shorter term time frame you get
these runs up here
boom if we start to break down again
keep in mind some people would say
gosh i'm going to take some off the
table here i'm going to collar my trades
i'm going to put some hedges on whatever
the case might be
something to be mindful but keep in mind
this big grayed out area over here folks
that is
well that is our long-term support level
which we
very well might hold that does the
current trend
show any characteristics whatsoever of
holding up at
prior highs well let's let's take a look
at it right now
do you see how we ran over here in this
current trend folks
we were just above here and we stopped
what about this point
over here i'm just going to do this from
my screen right here
this prior high that was the high in
that recovery for sure
what did we do over that time frame let
me just kind of redraw that look at that
we came down we broke above that
resistance and we held
this is a key level so this just might
be a an
area that investors are you know kind of
giving it a little bit of rope
giving the mark a little bit of rope to
see if we can come down to this point
and see what in fact happens
is it going to be similar to the
character
of the prior trend or is it going to be
something different
we'll actually know pretty quick if
prices were to break down here
okay folks i spent a lot of time on this
but i wanted to today because we did
have a pretty significant pullback in
the market and there you go there were
your underlying totals right there
mark it down s p 500 down 125. so
i mean what did we do we gave back how
many prior days one two three four
five six about six prior days
of gains that we gave back in the market
is one way to look at it so i want to
take a look at this
but this is not uncommon in fact if we
look at pullbacks
in this current trend and as you can see
take a look after big rallies folks they
come on down
uh that's a pretty big public after i'm
talking like a sizable move
that's a sizeable move you get the big
pullbacks now
they have been anywhere between like
two to five days so that's another point
to keep in mind
you know from the high point down to the
low point two to five days
that was about four days that was about
five days maybe six
from the absolute bottom from this high
point to the next
uh some of them are very short look at
this one this was you know basically
want what two days or three days if you
count the top
if that's the case we're on day number
two expectation of day number three
coming in
possibility we're getting close if day
number three is kind of small
well we could come down and bounce off
that 34 level
so just keep in mind that's the trend
that we're looking at
and uh until it breaks that character
we might still continue to show strength
here so we'll have to just wait and see
on that
okay that was a lot of information but
we did hit a couple of bullet points as
we ran
through this so market overview we
looked at the s p 500 index and we
talked about ways to control the risk
in the market itself that some traders
investors will use and many times as i
mentioned
they'll do that by taking some of the
positions that they have in their in
their stocks off the table
they'll put on option trades to protect
themselves the color of the trade or
whatever
they'll also potentially hedge with
futures
or futures option contracts too so there
are a lot of different things that you
can do and of course
our coaches do a good job of teaching
those different characteristics in the
classes that we
that we teach okay so
let's talk about the next few points
on our discussion today okay because it
is an interesting day
to talk about growth stocks we can kind
of highlight those
that are higher today and have had
characteristics
folks characteristics of growth what are
those characteristics that we
i chose specifically to talk about today
that we've
we revert back to regularly this is the
criteria
uh let's see can i maximize this a
little more make it a full screen
i sure can just drag the corners over
and we should be good to go
in fact i'll even zoom in a little bit
more so you can see so this was the
gross stock criteria used today so
clearly falling in to the growth
category range which ties into what we
talked about in this class
sells growth greater than 15 percent
over the last three years
so a number of financial institutions
hedge fund managers
will oftentimes look for sales growth
15 last three years
okay is a number that i've picked up on
on some of the stuff i've read over the
years and i want to
of course pass that along back to you
folks
okay next point
they also had projected earnings per
share growth
of greater than 15 in the next upcoming
year
so an analyst consensus number of
estimates are suggesting that
these companies are going to be growing
also their earnings at 15
a year as well so you have
earnings growing and what fuels earnings
growth in so many cases well it's the
sales it's the revenue growth coming in
so utilizing this stock growth
criteria right here i wanted to point
out some stocks
that came up on our list uh
as i go through them so some of these
companies so this stock came up and it
had actually had a pretty big day
it's an earnings announcement this is
called five
below five below
the trend is intact common theme with
basically every stock i'm going to show
you
here now is that they didn't participate
the way
that a lot of the big tech names had
participated breaking above their
pre-corona virus hires and running
some of these have been a little bit
slow to recover but
maybe you're now getting some of the
funds that you know if people take money
off the table with the big
tech names and those groups in general
it might flow to these companies that
have been undervalued but still just
display growth characteristics so this
is five below
it's breaking above a range here now one
thing i just want to point out that a
number of traders investors will utilize
is that when you see a stock that breaks
on earnings this high and kind of on a
volatile day
there's generally a lot of volume about
four million shares on this stage a
little bit under four million shares
traded on this day
a lot of times what traders will do
instead of just buying into this of
course
they might wait for prices to come back
and test support
they might also wait for prices to break
above a prior high
to get in so this could be a possible
trade example
but in order to go higher here you know
expectation of going higher
with all of that volume that has come
through you know there's probably some
decent resistance up top
around that 130 level there's possibly
also some good support down below so
what investors will
will do is they might draw a line
through here
on a volatile day like earnings and say
okay
if you can break above this level or
close above that level the high
of the day or if you bounce off that
lower level
and start to go higher then
you know some investors might
participate to some degree or another
in a stock like this now we haven't
scratched we just know that it's got
you know interesting growth
characteristics associated with it
we don't know a whole lot else of course
we always
leave room to investigate these
securities because they are sample
trades
but what we're going to do is go through
and show you some of those that are kind
of standouts
on a day where the market's down that
might get
some of the sellers in the big names to
you know
or i don't know more places for the
money to fall possibly to these
these these categories let's go through
some of these but that
is a way to kind of examine this now in
addition
just like we were talking about in the
market if prices were to come back down
here
and hold at the prior high range right
through there
that could be a breakout retest and wait
for a rally because well you've got
earnings that obviously were positive
you can see that it beat
earnings just by pointing to the
earnings it gives the estimate in the
actual
if you point to that icon but in
addition it also holds
these characteristics too sales growth
greater than 15
last three years projected earnings per
share consensus number of analyst
estimates saying that next year they're
going to grow
those earnings at 15 as well so that
implies
that they see this growth continuing and
if you just step back and look at this
chart
it's been flat for a long time i mean as
this was going
flat this particular stock the tech
names were just
like this right like the s p 500 or the
nasdaq
okay a couple of other stocks i wanted
to show you right here that
also met this same growth criteria there
were not very many
that were up on the day uh to the tune
of like above one percent or more
a good example of a company that didn't
do much
after the coronavirus hit they've just
been kind of flat
but with that the growth prospects are
remaining high
and therefore there could be value down
here as well
i didn't look at this one this was a
company that we owned
virtu in our portfolio we played this
for a while in the paper portfolio that
we run on fridays
because they kind of got a head start in
the market
uh with uh having virtual
uh stores virtual stores it's a bank
that has virtual source so
they kind of got a head start in terms
of the coronavirus they didn't have to
shut down any branches they were running
very smoothly
as the coronavirus hit and you can see
they they held up pretty well
well there's an upper channel up here
that they've been testing as well
up at the top here okay
this the financial group this is kind of
a cool area that i'll frequently look at
the financial group let me pull up a
duplicate tab
as you can see i utilize the screener in
here
to pull up those companies there's five
and some others in there
based on that criteria i showed you but
under research and ideas the sectors and
industries
does everybody know that if you go in
here of course you can see all the
sectors you might have seen that much
occurring today and everything's down
but if you scroll down a little bit you
can also see how the sectors are doing
in regards to the other disc the other
side of what we discussed in this class
which is the
valuation side the p e ratio side
specifically
let's scroll on down and take a quick
peek financials
have the absolute lowest p
e ratio as a collective group
they're under 20 right now okay
we don't have anything even i mean the
next closest thing to it consumer
stables at 31
utilities at 32. uh that
look at the s p 500 i mean 30 36 based
on the numbers we're seeing here
very very high numbers relatively
speaking
but not financial so a lot of
institutions are talking about
the financials showing some value you
can actually
see some of that what they might be
looking at right here
if i click on financials one more time
it will give me
a breakdown on the individual industries
and collectively how those industries
all come together
to give us a sector pe of 1880.
let's look at those what do we got banks
now banks were the one that have been
kind of mentioned
as maybe the best positioned out of the
financial group by a number
of traders and analysts out there who
knows for sure
but as you can see it also has the
lowest pe group that's where virt is
coming in by the way
another company in the group that sort
of falls squarely into this realm
i v z
invesco invesco was up
as you can see again look at the
sideways range here
i'm going to go full screen so it i can
really just kind of show you here but
you know invesco wasn't doing a whole
lot
as so many stocks were were going higher
now this doesn't fall into the bank
range but it falls into the financial
sector
you'd have to go and look at banks
specifically and see what's in there but
just to let you know throughout that
whole area
the financial services group they've
kind of been depressed a little bit
in terms of their valuations yet they
still have growth components
look what invesco is doing today it's
actually up five almost five percent
today
okay actually on some decent volume
that's 11 million
shares and you can actually kind of see
that volume spike up a little
bit now many of you know that i do
utilize this money flow
because it gives us a net read on total
buyers
relative to total sellers based upon
does the stock close higher
let's add the volume does it close lower
let's subtract the volume so
it's kind of a cool indicator in that
sense but what the money flow's telling
us
is that you'll notice over here we're
right up to the prior
high range on this stock the money flow
specifically tells us
that if we are able to get money flow
up to the prior highs relative highs as
it relates to money flow highs
then the money flow tells us that we are
going
to get back up to those highs now if we
break above those highs
then it tells us we're going to the
price will break above the highs
because volume can lead price
in many cases it can lead price so i
want you to keep that in mind
all right so will it break out of its
range well we'll have to wait and see
nobody knows for sure but that's really
a good day
considering what's been happening in the
market i want to highlight one other
uh area for you if you go over here
and take a look at this what is what is
this stock done
well if you're above a level where there
was prior resistance we call that
support
all right can you see how many touch
points we've got through there let's get
probably
well a few in that range but i'll just
say collectively big picture
one two and three when we broke up above
here we held
all through here but what's the other
key point that we always look for
what is it folks what do you think i
mean
tell me what you think in the chat box i
mean if you're looking at support on the
downside
what is it that you might also naturally
be drawn into
on the upside anything of
interest there that could provide the
possible
uh well let's let's put it this way a
trigger to get in
you know uh and well let's see yeah
trigger or an entry point
what might also we do if we're looking
at lower levels and i'm going to
put this back down so you can actually
see that chart get those too high you
can't see anything
any thoughts on that rg's got it patty's
got it exactly right
great job that's exactly correct you
might be looking at resistance here
and now we're just looking at this once
again from a technical perspective
there are plenty of other fundamentals
that you could look at
you know as you delve into this but
these would be some of the areas that we
could focus be focused
on because honestly we're touching it
for the fourth
time here we talked a little bit about
this
and i gosh i guess it was portfolio
class but
what do we do when the stocks right at
resistance
do we ever place a trade or a sample
trade there right at resistance
well you know we we don't
generally i mean you could but why do
you want to buy it resistance
when it's hit there so many times
it's it's come right back down to the
lower end and that gives us a better
entry point
however if
it does quite the opposite and it goes
above that point and come back
and comes back down in and hold or even
breaks through
those are a couple of areas and if you
just caught that
i pull this down i sure can okay
let me go over here i want to point this
out to you just so you can see it
clearly on the screen so
this little triangle pattern if you will
right here in yellow can you see that
folks
it's probably a little bit light on the
screen at least on the screen that i'm
seeing here
but two points that investors will
frequently look for
as as they go into this and that would
be
an area we'll get some color going on
here
but but this range right here that would
be
a breakout okay that's a breakout now
the breakout would potentially be a
close above the high
it could also come on better than
average volume
so we get some buy-in from people that
are out there we see some hands you know
some more hands going in and pushing the
volume up
on that day but in addition some
investors
might also you know that aren't sure
about this that want to see
you know they want to give it more room
to see if the trend will continue
frequently they'll wait
for the other side right there
can we get a test and can we actually
hold there
okay so there are two key elements there
that i want to just kind of show you
and let's let's just kind of zoom on
back real quick
but as we do that i did catch
in the chat box that mike
martinez says the k hold right and and
there's
uh some other great points so folks you
nailed it in terms of the resistance
breakout
you could possibly get a k hold if
prices work their way down lower to
support
and then start to give you a k hold sort
of a pattern
okay all right so i do try to check out
your comments appreciate the feedback
there now
uh another stock that came up on the
list and we'll just
end with this one
c-u-t-r c-u-t-r
might have been or may have been the
second
part of that invesco that we were just
looking at
the latter part of that triangle that
we've seen
come on down here people waiting for a
possible
k hold okay this is a company called i
guess
katera kuter now they are in the medical
devices field
uh they're a medical device company a
lot of you know kind of descriptions of
what the description of what they do in
here you'd have to investigate that
further but
just things that traders investors might
be looking for
right let's go ahead and draw our lines
in here
and you know we'll look at support
initially and we did see some support
down on the uh the lower levels that we
had kept touching
off of now at the same time this stock
you know could potentially be a little
bit further ahead in terms of a breakout
if we were looking at invesco we're kind
of anticipating sort of a
possibility of a breakout occurring and
a higher level run
if i draw in here for you resistance
points coming through here you can see
that that 15 level really represented
what we've sort of been discussing here
right
there's the breakout it even breaks out
one time
comes back down big strong upward move
and then boom it falls right back down
to that same
level and now it's giving us
a morningstar pattern now the stock
moved up about six percent today
and it did close above the high of the
where were we
low day low day low day low day low date
look okay there's the high of the low
day you got it
it's it's also built within there if you
you know if you track the candlesticks
uh that's one of the one of the i don't
know it's a common
reversal pattern that i've personally
seen and that's the
the morningstar pattern a down day
you bounce back and then all of a sudden
you start to really move after it's a
reversal of the trend
but folks you know in terms of growth
and value
which is what we discuss here which is
what we've been talking in terms of
growth stocks that were higher today
that met this criteria
cells growth that a number of analysts
will utilize and then tapping into
sales growth greater than 15 and what a
number of analysts will do
is make their own projections and
they're saying 15
into next year for that's specifically
earnings a difference
you get sales on the top that will lead
to potentially earnings
that's a projected number we don't know
but it is
one that under market conditions
analysts traders investors
might begin to re-evaluate
other opportunities that might exist in
the market
based upon the market possibly
showing more volatility here and coming
down
so a lot of times market events market
changes
cause market participants as a whole
to re-evaluate what other
areas in the market could um
there be opportunities that make more
sense this company really hasn't
participated at all after the corona
virus hit
i mean there's the hit right there it
was doing fantastic before
i mean really good
if you look at the uh where we're at
over here uh you know in terms of the
money flow money flow is coming up
it's beginning to rise into new higher
levels but uh yeah i mean
it's it's actually made its way back
very nicely relative to price action
but you like to see that grow and it is
growing higher
so anyways i wanted to go through and
kind of finalize this folks with some
trade examples for you
i hope you found that useful but it is
always interesting
to see when a market event occurs what
sort of
evaluations investors might make and
where they might be looking
so we looked at some stronger stocks
today we looked at five e5
we looked at cetera we looked at virt
and then of course we looked at
invesco i remember that i always forget
ib z and is one that's
that's kind of still working behind the
scenes but we did certainly see
some strong money flow momentum so those
four stocks i was actually originally
going to do two
we doubled that number today and we hit
four so there you go
but yeah based on that criteria we we
stuck to our theme and growth and value
and really price movement combining all
that together folks with technical
analysis
just to give us a higher probability of
success potentially okay we did a market
overview of the s p 500 index we saw
that the market may in fact come back
down and
rest on prior highs here we talked about
ways to control risk
as well that would be specifically if
you start breaking through these levels
and you get
lower lows and lower highs could
obviously be a risk factor towards
for any investor really then what we did
is we
that that kind of came together in terms
of combining
our overview with controlling risk we
talked about those growth stocks that we
just highlighted and then we hit those
trade examples
so folks hopefully you did find that
useful we want you to utilize these
tools
in both your portfolio and our watch
watchless it's
it's great to be here with you today i
do salute you for being here taking time
out of your day
to try to learn more about you know the
combinations
of fundamentals and technicals that can
only help you
into the future so i do look forward
to many future sessions with you and
it's been nice being here let me just
kind of finish this out with the final
disclosure item
in order to demonstrate the function of
the platform we did use actual symbols
however td ameritrade
does not make any recommendations or
determine the suitability of any
security strategy
for individual traders so on that note
everybody have a
good and pleasant rest of the day keep
an eye on that market
portfolio catch you next time bye-bye
you
