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Happy Saturday After going through my sector and index scans there may be some reason for optimism heading into a shortened holiday week of trading. There are a few technical indicators that give me hope that we could see a nice bounce in the near future for the markets. How long this good feeling will last depends on the price action we see next week. We will likely see a low volume week of trading with the Thanksgiving holiday and we have a short day of trading on Friday. The week has a tendency to have some low float movers form years past. Lets see if the trend continues. I have a pretty compelling list of stocks to watch for next week and will be sharing it with the pro members in a video tomorrow morning. The video below is a breakdown of what I am seeing in the indexes and sectors that have given me some hope for the bulls in the near term. Enjoy the rest of your weekend and have a fantastic Holiday week. Happy Thanksgiving to all! Become an Alpha Wolf Pro member for only $197.00 a year. https://www.alphawolftrading.com/membership Click on the banner above to sign up for Finviz ELITE> I use Finviz every day and find it worth every penny! Last weeks Pro member stocks to watch and their performance for the week This weeks Free Video Highly anticipate earnings for next week ** **Source Earnings Whispers www.earningswhispers.com Economic Calendar for the week ahead Source www.marketwatch.com Happy Saturday After going through my sector and index scans there may be some reason for optimism heading into a shortened holiday week of trading. There are a few technical indicators that give me hope that we could see a nice bounce in the near future for the markets. How long this good feeling will last depends on the price action we see..
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Good morning Happy Sunday I hope you are having a wonderful weekend. Even though Friday ended the week on a sour note for equities the indexes were still up slightly for the week. There are still a lot of sectors that are in the guilty till proven innocent category since they are still making lower highs and I am concerned they may either retest their recent lows or.....
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Happy Sunday I hope you are having a wonderful weekend. It was nice to see an oversold bounce last week but we are not out of the woods yet. There is a lot of technical damage out there and as we have seen recently, volatility can pick up in the blink of an eye and fear can take hold sending equities into a tailspin. It will likely be a very interesting week...
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Good morning and Happy Sunday, I have been doing this a long time and last week I took the second largest hit I have ever had trading and investing. I did not blow up my account but it was a significant hit. As long as I have been doing this I still learn valuable lessons from Mr Market. I recognize where I went wrong and I shared my mistakes with the pro members on Friday. I will make it back and more importantly I will have this lesson burned into the memory banks so that I do not make the same mistake in the future. The market can and will teach you ...
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Happy Sunday It was a tough week for the bulls as we head into an eventful week of earnings ahead. The cannabis sector had a pullback as legal recreational sales turned out to be a sell the news event. Almost every sector looks technically damaged along with the major indexes. Volatility is high as the markets try to hold potentially key areas of support. The concern for me is that even with some companies like..
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