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).
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...
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