This fund tracks Global infrastructure. 62% USA, 13% CANADA, 10% ASIA, 5% EUROPE, 10% ETC.
As Biden has launched his infrastructure bill it is expected that Infrastructure will perform well in the next 4 years. Infrastructure performed well before corona so there is no doubt that after Covid is finished Infrastructure will "pop-off".
From a technical analysis...
This one is part of iShares and as such it contains the safest of the Canadian Energy Companies. The distribution is garbage right now with 0.02 /q but the history of this one has distributions as high as 0.08 in recent (2 years) history. A decent way to ride energy up. Not saying we are in a bull market on oil and no one knows where it is going over the next...
$PFF - Preferred stocks have reached a critical maximum for now and with today's price action we may see an additional confirmation to RSI an MACD. RSI has already dipped for a sell signal and MACD is showing a strong divergence with the price. Volume activity is showing as well that buying power is slowing down. If we have a bullish engulfing candle today as a...
As we wait for a correction, I'm looking at two pretty nice calls....
$88 Call 9/18 @ $68
or
$89 Call 10/16 @ $54
These may come down a bit, providing a better entry. $HYG
Do not trade this, you will lose money.
DotcomJack
REET is developing minute wave 3 up and ended the day at 0.5 retracement of minuette wave 3, which could be the end of wave 4. Minuette 3 ended exactly at 1.618 fibonacci level of wave 1.If this scenario persists the expected traget for the next two days will be between 19.21 and 19.86. FOLLOW SKYLINEPRO TO GET UPTDATES.
iShares semi-conductor ETF (SOXX), on Thursday had its largest inflow of the year with more net inflows on Friday.
I would prefer entry at $194 - $195, but I am getting long at $198.43 with a TP of $220.
TIP has potentially priced a top on the 2019 aggressive rally that started last with last November's bottom. 4H is already pulling back STOCHRSI = 8.271, STOCH = 41.432). The Golden cross took place in March and the MA50 has been acting as a Support since then. Based on the last two occurrences, the price should now consolidate around the 1D MA50 before making a...
The iShares MSCI China ETF has not only broken out of its downtrend in absolute terms, it is also showing relative strength vs. the All Country World Index.
