I’m not saying Monday was the low, but these 3 names show good bullish potential over the next 2-3 months and I’ll be looking to add to them on any meaningful pullbacks.
December opened strong for stock indexes, and while it’s a little early for the Santa rally, it’s starting to look probable. Let’s review our current setups and some of the best to buy if we are going to see continued strength.
Now what? Dollar, bonds, and where are the corrections with the gap higher today? And does it last?
When picking a bullish setup in this market, make sure you pick one with relative strength. Here is a cloud-based business that I like to the long side. Let’s look at long and short-term parameters.
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.
