SNOW Bullish Trade Setup (Video Market Update)
Some technology stocks such as Snowflake (SNOW) are still setting up for some more upside for quicker trades. They do remain a bearish trend however.
Markets Are in This Trading Range (Video Market Update)
After an ultra-sharp rally off the June lows many risk assets such as equities are now nearing the upper end of their trading ranges. Markets are in a wide bear market trading range, and that does provide ample opportunity.
QQQ is a Better Short than SPY now (Video Market Update)
At this point in the business cycle the SPY etf is a better short than the QQQ etf given that plenty of sectors within the SPY are in bullish trends.
Fade the Rallies in HD (Video Market Update)
The profit cycle in companies remains slowing as the consumer is only just beginning to slow spending, at the margin. We expect this to continue and provide opportunity to fade/sell into sharp rallies such as what we are currently seeing in HD stock as well as in the broader market.
It’s Time for GLD to Shine (Video Market Update)
As we are heading closer to a corporate profit recession in this part of the business cycle, the odds for GLD to start outperforming increase dramatically.
We Are Moving Money Into Utilities (Market Video Update)
Utility stocks are gaining momentum in this late summer market. We are allocating money to XLU.
Updated Look At The QQQ ETF (Market Video Update)
After another sharp bear market rally in the Nasdaq 100, traders are now getting better reward to risk again on the short side.
PYPL Is Building A Base (Market Video Update)
After a brutal bear market of nearly -80% off the highs, PYPL stock is starting to build a better base, accompanied by improving headlines.
CVX In A Classically Bullish Pattern (Market Video Update)
After not making money for investors for way too long, shares of Chevron (CVX) are now in a classically bullish pattern that promises plenty more upside
Financial Stocks Bottom First (Market Video Update)
Stocks and the economy follow the business cycle and financials stocks (banks, insurances etc.) tend to be the first to rally coming out of a bear market.