The market is in a precarious spot, as it is directly against resistance in many areas, and could easily falter, yet with all eyes on G20 and many shorts to squeeze, a stronger rally could easily appear. Danielle analyzes a key sign of market reversals — the transportation and industrial sectors, as she awaits G20 news. She also looks at her favorite sectors, including FAANG and MSFT. She sets up new ideas in CHTR, CMCSA and VZ.
There are some setups that we are looking for in dollar, euro, bonds, crude, soybeans, pound sterling, and a whole lot more.
I think the market is ready for the G20 rally and is just waiting on the good news from a dinner tomorrow night in Buenos Aries. Here’s how I am playing it.
Am I convinced G20 is a game changer or more of a correction? And how do we want to play this weekend’s big event?
SPY has seen a nice recovery off the lows, leaving us in the middle of the current range. There’s a few ways to approach this, but for the most part I’ll be focused on individual equities that may offer better setups. Let’s review the current list and a few we’re stalking for entries.
This video is an initial look into the data shared courtesy of S3 from their perspective. We took a series of questions from our subscribers, and the answers to those have been provided by Ihor Dusaniwsky, the Head of Predictive Analytics at S3.
