Why stocks could rally into late August
On Wednesday morning a further Chinese yuan devaluation caused a mini panic as the S&P 500 dropped below the 200 day moving average and markets turned extremely bearish once the numbers starting to fall below that level. Stocks however managed to stage another miraculous reversal in the afternoon, which made the day over day move look like […]
Buying the dip for a rip – Exxon Mobil & Chevron $XOM $CVX
Shares of Exxon Mobil and Chevron have been beaten up as a result of the energy and commodities slump. The selling increasingly looks overdone however and a meaningful bounce could soon occur, particulary after another post-earnings wash-out lower in the shares. $XOM $CVX #exxonmobil #chevron
TWTR: How to Trade Twitter Stock After Earnings
Social media giant Twitter Inc (NYSE:TWTR) is scheduled to report its next batch of earnings after the close of trading today. Much is riding on the earnings report — and more importantly, on the growth outlook and plans after Twitter sorely disappointed investors at its last report in late April. Twitter stock has since been largely stuck in its […]
Serge discusses the impending market correction and energy stocks on BNN
The U.S. equity market could get smacked with a 10% to 20% plunge in the months ahead before rallying later in the year, according to Serge Berger, Head Trader & Investment Strategist, The Steady Trader and Blue Oak Advisors LLC. But that outlook is not preventing Berger from spotting contrarian opportunities. Names he believes have […]
Are you ready for a 10-15% equity correction?
We could soon easily see a correction of up to 15 percent on the S&P500 and other, more leveraged indices could fall even further. That’s the view of trader, Serge Berger who tells us how he’s preparing for such an event. He also warns traders of the seasonal bounce we often see going into the […]
Serge talks $AAPL earnings and importance for $QQQ
Apple makes up 14% of the Nasdaq 100. Given the recent rise in the $QQQ and $AAPL earnings, this is a key time to focus on the index, which could easily see a good mean-reversion lower. [youtube id=”2gmKFxQ7dVo”]
Stocks Are Fighting an Uphill Battle – Serge fills in for Sam Collins
It remains my base case that after 12 months of seeing volatility in everything from commodities to currencies to interest rates, equities will not be able to remain unscathed forever. Eventually, this cross-asset volatility will ultimately find its way into equities. Read my full analysis HERE
Today Is Judgment Day for the Nasdaq-100 (QQQ)
The Nasdaq-100 — as represented by the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) — rallied strongly over the past week and a half, which last week was aided by earnings reports from Google Inc (NASDAQ:GOOG, NASDAQ:GOOGL) and Netflix, Inc.(NASDAQ:NFLX) that led to major rallies in those two stocks. After this most recent rally, the QQQ exchange-traded fund is well […]
All Hail King Dollar! (UUP)
When the U.S. dollar makes a meaningful move, it reverberates across other asset classes. Over the past 12 months, the dollar index rallied roughly 25%, which in part helped steepen the downward spiral in commodities and emerging-market equities, increased volatility in currencies and helped U.S. interest rates rise. All things considered the US dollar now […]
Higher probability trades with multi time-frame analysis
Just like single-factor ‘models’ don’t offer a fighting chance over time, looking at charts for investing and trading purposes in just one time-frame is a lousy method of analysis. Look at charts in multiple time-frames however (daily, weekly, intra-day…) and perspective illuminates the picture, allowing for higher probability ‘trades’ and better risk management. [youtube id=”gN6j8F2HYHA”]