Breached all time high with a nice volume. Possible up move
XLF seemed to avoid selloffs on Thursday/Friday where the rest of the market couldn't. Looking for further confirmation Tuesday/Wednesday 9/8 & 9/9
CYCLES AND PUT /CALL IN THE BANK SECTOR AS WELL AS A CLEAR WAVE B FORMING IN THE BANKS IS NOW SETUP FOR A VERY SHARP C WAVE RALLY BACK INTO MID APRIL HIGHS OR BETTER OVER THE NEXT 20 PLUS TD I AM MOVING BACK NET LONG BANKS
💬 Domino's (DPZ) has performed very well recently as delivery options were expanded and people relied on the delivery giant during COVID. We love cheap delicious pizza, and we may fall in love with Domino's going into earnings July 16th, let's see what levels look like going into earnings for the DPZ bulls and bears alike. Hit that 👍 button to show support...
👨🏽✈️ Boeing and airline stocks have performed very well recently, in-fact many of the stocks beaten down by COVID are on the move. Of all of these stocks, Boeing has one of the best looking charts around. Add to that that production is ramping up along with demand, and we have a great justification for a long position along with the newly formed bullish...
We have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants. However the rally calls for pullback and there's a easiest trade...
Homebuilders have been behaving well in a channel since the market low of march 23rd. Tuesday after memorial day was the first break out of the channel, and today's participation continues to give the sector a more positive view. Next tested resistance which is all time highs around $49.5 Next strong support is the 200sma (red line) RSI is taking us to...
This might be a long analysis but let me explain why this stock will go higher than Seth Rogan on 4/20. The stock market and the cryptocurrency markets continue to trend up and we are starting to see companies in all sectors start to break out. This stock is an amazing opportunity because it recently dropped 17% to 1.65 based on FUD. Do not let FUD news influence...
Neutral / Range Bound forecast for the week. Likely down and then up, ranging in the shown area. Selling short term premium on either side of range.
Market forecast is Midterm Neutral - Shortterm Bearish Bullish Sectors are: Healthcare and Energy Bearish Sectors are: Consumer Staples Financials and Tech
Pick Healthcare stocks at the bottom of their range with you favorite buy signals.