Is it game over for PTON and ZM stocks
[et_pb_section fb_built=”1″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_row _builder_version=”4.6.6″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.6″ _module_preset=”default”][et_pb_video src=”https://youtu.be/n_GEit6FLlI” _builder_version=”4.6.6″ _module_preset=”default”][/et_pb_video][et_pb_text _builder_version=”4.6.6″ _module_preset=”default” text_font=”Roboto|500|||||||”] Investors in both ZOOM (ZM) and Peloton (PTON) have profited handsomely in 2020 from the sharp rallies in the stocks. As light emerges at the of the COVID-19 tunnel however, these stocks may have seen their best days, for now. […]
More pain likely for tech stocks
Serge Berger says that the Nasdaq 100 and Apple both have further downside to come after the past week’s sharply negative moves.
The bullish thesis in precious metals
With gold and silver having recently broken resistance, earlier this week I sat down with IGTV’s Jeremy Naylor to discuss the trading set up for both metals and how to trade the corporate opportunities.
The king of all moving averages
Moving averages are a dime a dozen, right? Wrong. Use this king of all moving averages and it is likely to make you wildly profitable.
It’s too late to freak out
After we warned people for several months that a breakdown in risk assets (and rally in Treasuries/bonds) is likely, is now time to freak out? NO, the time to freak out was during the January/February low volatility chart chase insanity. The S&P 500 from February highs to now is approaching -20%. So what to do […]
The correlation between gold and stocks
Gold goes up when stocks go down, right? Unfortunately it’s not that simple. But I did find a way to better ‘time’ the price of gold. Watch the video now.
A word on AMZN stock…
Shares of Amazon.com, Inc are one frisky puppy and are currently trading about 17% above their 50 day simple moving average. While this does not mean much for the company’s growth prospects, it does speak to short term extreme bullish sentiment where the reward to risk is not favorable to buy the stock from a […]
The healthcare sector’s bullish breakout
There’s always a true bull market somewhere, regardless of broader market and economic environment. While we have our concerns about the broader US equity market as to how much more upside is left, the healthcare sector (XLV etf) is showing a much more reasonable bull market that we want to respect and buy.
Fourth quarter 2020 playbook for stocks
[et_pb_section fb_built=”1″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_row _builder_version=”4.6.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_video src=”https://youtu.be/dsI8tDInlFw” _builder_version=”4.6.5″ _module_preset=”default”][/et_pb_video][et_pb_text _builder_version=”4.6.5″ _module_preset=”default” text_font=”Roboto||||||||”] Given the upcoming US election and uncertainty around the global pandemic and global economic activity, we see more near to intermediate term choppiness in equities, ultimately to be followed by a sizeable relief rally. [/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version=”4.6.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.6.1″ _module_preset=”default”][et_pb_divider […]
The S&P 500 could remain range-bound for a long time
The whipsaws in the S&P 500 year-to-date are historic by any measure. But this now also sets up this index to remain largely range-bound. I have mapped out two specific ranges that I think the index could remain within and that I am using to trade around.