Markets
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“Death zone” stocks are about to crater the bull rally
Below is a headline I saw the other day on Market Watch… For those who are unaware, Mike Wilson is the chief investment officer for Morgan Stanley. He would be considered an expert, to say the least. And he has been outspokenly bearish on the state of the market, repeatedly beating his drum – just…
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Monday Squeeze | Midday Momentum
Dear Reader, One day, someone will make it make sense. Today is not that day. After the worst week of the year, the markets squeezed higher in the first hour of trading. The markets “celebrated” an absolutely dismal Durable Goods report that showed that the U.S. economy is really in trouble. Last week’s worst performers…
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Profiting from My Top Ten Watch List
Dear Reader. June and December are reputed to be two of the calmer months when it comes to market volatility – followed by April and February, which are tied for the second calmest months out of the year. Now “calmer” months simply means the S&P 500 could be expected to be within +/- 3% of…
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Avoid These Anti-ESG Losers At All Cost
Shah Gilani Feb 18, 2023 The tailwinds behind the “everything rally” have faded a bit in the wake of a CPI and PPI report that showed inflation continuing to be stubborn. Between that and the ongoing growth we’re seeing in the economy, the Fed’s position on interest rates has remained hawkish, and it seems clear…
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Brace Yourself for Week 9’s Devastating Impact on the Market
I’ve been hinting at this topic since the beginning of the year, and it’s time we cover it more in-depth. You see, this one little piece of seasonality data can serve the market with a devastating blow. And worse yet, there is a catalyst coming up that could exacerbate the results of this data. I…
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About Last Night | Midday Momentum
Dear Reader, Well, here we go again. The market starts to sell off, hits another support level, and then charges higher. The Buy the Dip crowd continues to purchase anything that isn’t nailed down. In addition, an insane amount of 0DTE options has pushed this market into an absurd range that just doesn’t make sense…
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How to Set Up Volume Profile on Your Charts
A question that’s come up a lot recently is how to set up the volume profile on your charts. I’ve got you, Baby. It’s easy peasy lemon squeezy. It’s a bit different for each charting platform, so let me show you a couple of options using the SPY chart as an example… Quick Tip: Volume…
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Your 3-Step Approach to Profit from Earnings
Dear Reader, The majority of S&P 500 member companies have released earnings from Q2, 2022 – and although most companies reported EPS above estimates, they lag behind both 5 year and 10-year averages. And looking forward, analysts expect S&P 500 earnings to get worse before improving. The vice president and senior earnings analyst at FactSet,…
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The Best Way to Profit from the Auto Industry’s Slowdown
Shah Gilani Feb 21, 2023 In last week’s Flip the Chart column, I recommended buying-to-open a MPWR March 17, 2023 $490/$480 Put Spread – and I’m sure glad I did. As I write this, the stock looks like its rolling over, and we could hit our profit target in the next few days. This week’s…
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These Sectors are Going to be Destroyed During Week 9
On Thursday, I explained that we’re heading into the most dangerous weeks of the year for the market: Week 9. Nobody knows for sure why it happens. Regardless, we know that the S&P 500 drops an average of 1% each year during Week 9. So, where do you go to position yourself for trading the…