In this update we dive into the best sector within the indices to focus on, how I am trading the crude oil narrative, which currencies to buy and sell, as well as which two indices I am most bearish.
Homebuilders were one of the hottest sectors of the past 2 years, but the glow of new homes has quickly faded and likely has further to fall. Let’s look at that within the scope of XHB and a few of its primary components.
Yes, I’m buying ZM here but this is why I’m selling it on Thursday.
I don’t always buy beaten-down stocks, but when I do, it’s quarter-end.
Here are four—actually five—ideas for trade that have nothing to do with what the NASDAQ and S&P do next. Learning to trade around markets that are parabolic or even chop and parabolic (which the indices are) is something traders often struggle to do. In the case of these End of Quarter shenanigans, remember that April doesn’t really begin until after the end of this month and then Non Farm Payroll on Friday. And after that, I am not so bullish except for the inflations trades.
The FOMO-momo has kicked in as traders chase the rally in equities higher. Is the bottom in or are these End of Quarter shenanigans? And how can we find trends that don’t rely on what is happening in stocks? I walk you through all that and more in this update, including some revealing looks at flows in key corners of the market.
Today, Tesla announced another potential split, and investors were pleased, sending the stock yet another 8% higher after already trading higher by 20% last week alone. Is there still a trade in this ticker? I think so. Let me show you how I’m setting it up.
Earnings season will be here before we know it, and many core tickers, including TSLA, GOOGL, AMZN, NFLX, and more have already entered the Hot Zone. This means that pre-earnings momentum opportunity abounds. Let me show you where I’m eyeing the best opportunity.
Last week of March & Q1 after a volatile start. As we near the end, let’s make a plan with levels that you can have in mind for trading this week.