Archives: Daily Videos
Optimism is Growing
Now What? The Nasdaq and the S&P finally broke through the 50 SMA and the market has shown more signs of life the last three days than we’ve seen for a month. However, I want to maintain focus here and not get sucked into emotions. XLC, XLK and XLY have notably improved, with XLU and XLP meeting extension targets. I still like XLE, XLF and XLI to the downside, though I admittedly was early with my first set of entries. Here is what I am looking for, and what I’ll do based on Monday’s open.
Relative Outperformers
Building a solid watchlist is the name of the game when the broader markets and heavily weighted sectors are still in chop. Here’s what is on my radar.
Is this really a shift?
The market rallied this week on hopes of new talks with China, a less-worse-than-expected NFP… Is this the time to get optimistic, or an opportunity to buy pullbacks in gold and bonds and dollars?
Wax On, Wax Off?
Today we had a “risk-on” type of day, which we haven’t seen in weeks. What does it mean?
Currency Trends to Watch Now.
There are moves that are happening in the currency markets now that show central banks are really on the move… to lower rates. It’s not just about “forex” gang, it’s about how to take advantage of some of the best trends in this market right now.