Two sectors we remain bullish on
Although most equities sectors and groups had strong rallies off the March lows, not all are created equal. There are two sectors we currently like the most for more upside for now. Watch the video.
The USD is reaching oversold readings. Why is this so important?
The USD is crucial to watch if you want to put the odds in your favor to getting moves in anything from equities, to commodities right. Presently the USD is flagging short term oversold and this has important implications.
How high can GLD go? Probably a lot higher
Gold and the GLD etf have rallied sharply of late as more market participants are jumping on this bull market. But how much higher can this shiny metal rally? In order to properly assess we must take a bigger picture look.
The next S&P 500 upside target
The S&P 500 continues to be in a squeeze pattern. Today we take a close-up look at the index and a bullish setup that points toward a well-defined next upside target.
The stock market could to THIS in July and August
It’s been a nutty strut for the stock market this first half of 2020. Looking ahead at the second half, things could remain at least as interesting and July and August look to provide ample opportunity as well. Watch the video now.
Use these two moving averages
At the risk of oversimplifying things, I want to show you two short term moving average that I have used for the past twenty years that have served me very well. Watch the video now.
US Steel stock is priming for a big move
I know what you’re thinking, US Steel (X), it’s not the most exciting stock in the world. But you know what, it just might be one of the better setups happening out there at the moment. Watch the video now.
Options trading strategies on S&P 500 and Apple
Is the tech trade over for now?
Mega cap tech stocks have been leading US stocks higher for an extended period of time. While this certainly can continue in the longer run, price action of late is suggesting we may soon see rotation out of tech.
As good as it gets for FB stock?
Facebook (FB) stock rallied 70% since mid-March, which led to a ‘chart breakout’ earlier this week. Is this now as good as it gets for FB bulls?