Value, Banks, Dinasaur Juice & Technology.

Value, Banks & Dinasaur Juice have been the winning trend the first two weeks of 2022. The market is closed on Monday 1/17/22 for Martin Luther King, Jr. Day. I'm anticipating a fairly volatile gap move from today's close till Tuesday 1/18 market open. The question is what sector/s and/or stocks, will gap up or gap down? There are several plausible scenarios what moves Wall Street will make on Tuesday. 1) There's a serious rotation into technology starting next week because it had come down to analysts' price point & earnings season is underway. 2) Value, Financials & Energy continue their winning trend. 3) Next week is similar to this week's technology whipsaw rangy moves selling the rip & buying the dip, with bulls & bears tug of war continuing. 4) Value, Financials & Energy go sideways as a capital safe haven from a multitude of fears like FOMC quantitative tightening and inflation. 5) Uknown, only time will reveal what the market does next week. Here's the largest holdings in IVE (Value), XLE (Energy), XLF (Financials) & XLK (Technology).

IVE:
BRK.B 3.02%
JNJ 2.3%
PG 1.97%
XOM 1.55%
DIS 1.48%
JPM 1.38%
UNH 1.33%
CVX 1.26%
KO 1.21%
CMCSA 1.2%

XLE:
XOM 23.09%
CVX 20.21%
EOG 4.95%
SLB 4.65%
COP 4.6%
PXD 4.24%
MRO 4.09%
PSX 3.45%
WMB 3.23%
VLO 3.14%

XLF:
BRK.B 12.83%
JPM 10.88%
BAC 7.7%
WFC 4.92%
MS 3.23%
SCHW 3.12%
C 2.92%
GS 2.89%
BLK 2.77%
AXP 2.39%

XLK:
AAPL 23.86%
MSFT 20.85%
NVDA 4.3%
V 3.28%
MA 2.89%
CSCO 2.37%
AVGO 2.32%
ADBE 2.3%
ACN 2.16%
CRM 2.11%

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Comment:

oops, I just realized I spelled *Dinosaur wrong. Too late to edit it. lol