And why would they? This is not the first geopolitical tussle we’ve seen (remember NoKo) and Powell is not letting off the gas pedal. I’ve warned we may not see the window dressing unwind this month because of the anticipated January 15 Phase 1 signing, although that could change quickly… for now stick with pullback buys and silence the top-picking monster because it hates your money.
2020 has opened with a generally bullish but volatile tone, and picking the best times to buy the best symbols is as important as ever. Here are two of my favorites that I’m in and will be adding to.
Tuesday brought an end to the Santa rally, and potentially the start of a bigger correction. I didn’t short stocks, but I did buy TLT and there’s still several stocks out there that look sharp. Let’s review the full portfolio and get some ideas together for next week’s trading.
This market has shook off two geopolitical tensions and yet another ISM Manufacturing miss. It makes sense to stay bullish stocks and gold and dollar. But be cautious of bonds. All that and more in this update.
In this update I walk through the RTY daytrade alert from this morning as well as where our focus is as next week begins the “official” start to 2020. Still low volume but stock bulls are still willing to step into weakness. Will that change next week? Check out the update.
In this video, we look at today’s big move higher right out of the gate today — we look at levels in the indexes and where we might trade in the next several weeks and throughout the year.
There are a few things that I prefer to see in my morning daytrade setups and I walk through those three points here in this update from this morning’s session.
