Price or Sentiment
Money has been flowing out of tech, and with several daily Squeezes, we could see more of that. At the same time it’s important to remember where sentiment stands. Let’s have a quick look at both.
Money has been flowing out of tech, and with several daily Squeezes, we could see more of that. At the same time it’s important to remember where sentiment stands. Let’s have a quick look at both.
Results of the election will be in focus tomorrow, and where we open will determine what decisions to make. Until then let’s look at a few ways of thinking that should be helpful during volatile trading.
Here’s a simple and effective tool to use for trading the ranges in this choppy and often volatile market.
Elections, House, Senate, spending bills, the dollar… where is the capital going to flow?
There isn’t a lot of strength out there, but I can tell you where it IS if you want to find it — it’s in healthcare. Let’s look at a trio of setups in UNH, PFE and JNJ.
One of the finer lessons in trading is that you don’t ALWAYS need to be fully invested in the market. We make most of our money at key moments in time where we have the perfect hand. Right now, it’s not one of those times. Yes, there are moves to be caught, and we will discuss setups in retail, healthcare, tech, and financials — but sometimes, it’s better to hold onto your chips.
Crude oil didn’t rally. What does this mean for the oil names and the the downtrend that confirmed last week. Simple. Lower lows.