On the Radar for this Week.
Where are the relative outperformers, Double Greens, and potential entries?
Where are the relative outperformers, Double Greens, and potential entries?
The market needs a reason; nothing happens without some shift or acceleration in sentiment then momentum. Here’s what could trigger some opportunities.
This is a counter trend setup, but your risk is defined. Be sure to wait for triggers. Setup + trigger = trade entry and then you manage.
The tech weighting has never been more important. What’s next for the NASDAQ is likely what’s next for the market.
These four markets continue to perform well for us and we want to stick to where the clarity is best. Let’s take a look at the next round of entries.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Bonds gave a big signal this week and that may change how money flows into the market going into next week. Let’s review the signal and what it may mean for stocks.
If there is a knock against this strong market, it’s the lack of participation, and that may have changed this week.
While gold, crude, and bonds continue in our favor, the equities market has seen more uptrends develop.