Which Sectors Will Make It?
Although the markets are ugly here, these sectors are setting up to move higher.
Although the markets are ugly here, these sectors are setting up to move higher.
It takes some patience but letting the market come to you does have its advantages.
Whether it’s short euro/long dollars, short crude, short tech, or regional banks… looking for the downside keeps delivering. Doesn’t mean we can not be selectively bullish… I talk about that too in today’s update.
Down moves in the indexes make for an opportune time to look for honey badgers. PFE was the pick of the day. Check out the video to see Danielle’s trade parameters.
After breaking key support in the S&Ps, Dow and NQ futures today, what does that mean for tomorrow and the rest of the week? Let’s examine the tech sector, looking for areas of support, as well as downside targets. I also look at the two different buying opportunities I see — in XLU and PFE.
Downtrend got you down? It’s time to get selectively bullish. Here’s how….
What are the outliers in this downtrend? Here’s how we continue to play the weakness and also how to use the 1-min VWAP strategy.