Dr. Sean began his career as a medical physician until a chance conversation with the nephew of a fellow physician led to his discovery of the kind of profits that can be made trading in the stock market.
Regression analysis: Simple Linear Regression Multiple Linear Regression
Sean Seshadri - Reading the market
1. Sean Seshadri
Reading the market
http://www.luxinvestmentsintl.com/
2. Reading the market
• The broad markets rose modestly today as investors sent
stock higher based on the sentiment of key retail reports.
• The Dow rose 9.69, or 0.1 percent, to 10,415.54. The Standard
& Poor's 500 index rose 1.62, or 0.2 percent, to 1,094.16.
• The Nasdaq composite index rose 6.26, or 0.3 percent, to
2,215.70.
3. Reading the market
• The broad markets led by strong retail sent the dow up over
103 points.
• Sean Seshadri stated that walmart and home depot issued
upbeat numbers and this would be a sign that even though
the market opened lower stocks managed to get strength
because of better sentiment.
• Almost all the big retailers were higher as except Bjs which
lowered expectations for the year.
4. Reading the market
• At key support levels during the day lux investments wants
traders using appropriate risk managements controls to place
trades with conviction as a trader will have wind behind the
entry which is sentiment.
• Even though the market ended up higher by only a few points
there was plenty of intraday activity that savvy traders could
profit from if they bought and sold at key reversals.