Things Trading ‘Per the Script’
Things appear to be trading “per the script” (as I often say)
We have now seen three straight “red” weeks for the S&P 500 (and the Dow Jones) – something we’ve not seen mid-2019
Be Sure to Take Partial Profits Here
Today I will take a look at the weekly chart for the S&P 500 and explain why I think a pullback in the realm of 7-10% could be just around the corner.
My thinking is traders should take partial profits here and get ready to buy the dip…
What I’m Watching to Signal a 10%+ Correction
This post talks to a key technical pattern I look for: a “false break” of a previous major high. If we see this – quite often it points to a sharp move lower.
Why I like SBUX as a Re-Opening Trade
One stock that I think that has the potential to fly higher on any re-opening is Starbux (SBUX)
For the most part – I am not a fan of “old” economy stocks – but this is a very good business (although I personally don’t enjoy their coffee).
A New Trade on an Old Tech Name
The ‘old guard’ of tech have failed to keep pace with the new breed. But does this present opportunity? Here’s a look at CSCO and INTC post their recent poor earnings reports….
Asia Tech – Looks like Value
Pinduoduo is an e-commerce platform that offers a wide range of products from daily groceries to home appliances. It’s also considered the world’s fastest growing e-commerce platform – boasting ~600M active monthly users. Here’s why you should consider this e-commerce giant..
A New Trade from a Coming Cold War w/China
Today President Trump issued a new executive order banning popular Chinese apps “WeChat” and “TikTok” (effective in 45 days). Should the market be worried? No… it actually presents an opportunity.
Quality Names for Your Watch List
At the time of writing – I maintain a conservatively bullish bias.
The reason I’m not “pin your ears back” bullish – is I think stocks have come too far too fast (especially given the headwinds which remain). This post outlines my strategy and stocks that I like…
Gold & Silver are Hot… Perhaps Too Hot!
Outside of big tech – perhaps the hottest trade of the past month or two has been precious metals. Call it “FOMO” – the fear of missing out. Why? the rush? Look no further than reckless actions of both central banks and government… globally.
Three Ways to Play a Higher Silver Price
Silver has broken long term resistance. Here are three ways to trade an expected higher price.
Recent Posts
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