Oil headed toward $80
The tailwinds for the price of oil are notable and from a structural perspective many if not most investors are still underweight the energy sector of stocks. We see oil heading toward $80 per barrel.
What if Ray Dalio is right about this market…?
Major institutional investors and increasingly voicing their thoughts about a new asset class becoming a partial alternative to the fixed income, i.e. bond market. We are seeing the same with our client network…and it could lead to massive moves higher in this new asset class. Watch the video.
We are bullish these two ETFs and related commodities
https://youtu.be/vWdARfLUIl4 Both oil and silver (or their related ETFs or single name stocks) in our view have plenty of tailwinds working for themselves at this juncture. Significantly higher price levels appear likely through a multi-quarter lens. But even from a trading perspective these are interesting setups.
The key indicator to watch for the end of the tech rally
Technology stocks, in particular the Nasdaq 100 (QQQ) etf has been on a dramatic relative and absolute outperformance rally for as long as many investors can remember. This one key indicator is now signaling a likely end of the relative outperformance for time being.
This could be the next sector of stocks to break out higher
Energy as a group of stocks has been a notorious underperformer for the past few years. This could be about to change as a notable breakout in energy stocks may be just around the corner.
Don’t chase these charts!
https://youtu.be/cnbPHnfR69Q The crazy rallies in stocks like Gamestop (GME) and Bed Bad & Beyond (BBBY) of late is commensurate with the increase we are seeing in margin debt and short-dated call option buying. This is yet another short term market warning I would like to make you aware of. Risk is high for coming weeks.
5 Scary Charts Everyone Needs To See
https://youtu.be/-RnZjPbEzug While we remain constructive risk assets such as growthier equities here in the first couple of quarters of 2021, the back half of the year and possibly going into 2022 will likely bring about a reality check. Please be aware of these 5 scary charts…
Overbought Alert!
https://youtu.be/F3qFlC5NLlc Stocks and other risk assets are having another great start to the year. While we remain constructive through the first quarter or so of 2021, in the immediate to near term things are getting frothy. Small caps, semiconductors and many more are reaching notable overbought readings.
Gold is range bound but readying a big move
https://youtu.be/St8CBgVyGAc Earlier this week I sat down with IG’s Victoria Scholar to discuss our outlook on gold, bank stocks around earnings, shares of TWTR and DKNG
Why the USD is so important for stocks
A major driver of equities and commodities to the upside over the past nine months has been a plummeting US dollar. Getting a handle on what direction the dollar is moving is a key part of getting the direction of equities and commodities right, all else being equal