Our complete top down analysis of market-sector-industry group-stocks to find the best long and short trade ideas. Powered by Chaikin, Relative Strength Wednesday video is here.
The market is a decision point, as the indacies have recovered to key levels. The next day or two will tell us a lot about what we should expect from Mr. Market. The Chaikin metrics we track suggest we should be cautiously bullish, which we are. Join us for our Monday meeting HERE ( On Demand)
Yesterdays rally produced a number of buy signals. Today we parse through them and find one to add to our forward test. We chose to add a financial with multiple buy signals and likely to benefit from the rising interest rate environment we find ourselves in. Join us HERE
Relative Strength Wednesday Video Here. If the market rebounds, we like long Financials and Consumer Discretionary plays. Today we added a bank to our portfolio. Remember, for safest investing, we look for Market Neutral (positive potential) or better investing conditions, uptrending sectors which outt-peform the SPY during the time-frames in which we trade. So, today's investment would be in the form of the out of the money, cash covered put if this were real money.
Following last weeks sell-off we examine the technical damage that has been done. We change our current market posture, look at our Macro-Monday analysis and build watch lists so that we are ready for either a bounce or continued weakness. Join us HERE
A much needed relative strength Wednesday! While the market Powerbars have deteriorated substantially, and technicals along with them, we found two sectors poise for outperformance when the market rebounds from its correction. Video Here.
Join us for Trade Management Friday. As the market has become a bit more volatile, its important we stick to our rules and manage our existing trades. We also look for opportunities to add to our forward test with Chaikin entry signals that our particular set of rules. Join our meeting on demand HERE