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Hello my friends We have quite a bit of economic data coming out next week and a few earnings reports that could have an impact on specific sectors. The sectors I will be watching closely are as follows. Shippers, IBB, IWM, home builders, steel names and pot stocks. Yes .... your read that correctly I will be watching and probably actively trading in the marijuana space. I know it may not be for some but I try to provide opportunities for all my members and there are some that like to trade in the penny stock space. I have a fairly large list of stocks this week with some really good looking setups.
Read MoreHappy Fathers Day To all the great Dad's out there I hope you have a fantastic day. With options expiration, the Fed and most of earnings season behind us it will be interesting to see how the markets respond next week. I am focused on the IBB and IWM to see if they will continue to consolidate or if they break out in either direction, The SMH and NASDAQ are on watch to see if they find and hold support or if they break down further.
Read MoreHello my friends The week ahead could be interesting with quad witching, the Fed meeting, fallout from the UK / Comey testimony as well as other economic data coming out during the week. Agricultural inputs, infrastructure, energy, shippers are my focus sectors with small caps & financial stocks also in the mix but more as a casual observer for that space. This weeks list of stocks to watch really focuses on those primary sectors.
Read MoreI hope you are having a tremendous weekend. We do have some economic data coming out this week that could impact the markets and we have the President back in town & active with twitter so who I suppose anything could happen this week.
Read MoreHello my friends I am calling last weeks drop on Wednesday a warning shot and even though we had a nice bounce on Thursday and Friday I think we need to remain a bit cautious, We still have North Korea, and now maybe Iran to worry about after this weekend and President Trumps speech in Saudi Arabia, The Trump debacle does not appear to be going away anytime soon as it seems like a new shoe drops every day with the media ...
Read MoreGood morning First I want to extend a very warm and genuine Happy Mothers day to all the great mothers out there. My mom is my rock, she is an amazing person and really there are not enough words to describe how much she means to me or how thankful I am for everything she has throughout my life. Enjoy your wonderful day. all you moms out there, you deserve it.......
Read MoreHi there I have some really exciting news. This week we are running a promotion for the annual pro membership which includes chat room access, 10 hours of educational programming, stock trade plans for swing and long term holds and much more. For this week only we are lowering the price to 399.00 for the full annual membership. The sale will end next Saturday May 13th at midnight. https://t.co/4LA1qB2Fo6
Read MoreGood morning Hope you are having a wonderful weekend. Here is this weeks market wrap and stocks to watch video. We have a lot going on next week with earnings, economic data, FOMC meeting/ announcement and the jobs report to close out the week. We had a bit of a pullback heading into the weekend and there are several indexes & sectors that have
Read MoreHappy Sunday Its starting to look like this week could be very interesting with the news coming out of France of the election results, President Trumps potential tax plan as well as some health care proposal chatter, saber rattling continuing out of North Korea..
Read MoreGood morning The saber rattling and geopolitical concerns have been putting the market under some pressure and on Friday we got some weak retail sales and a surprise drop in CPI. We closed below some key technical levels on Friday in some sectors and there are a few indexes that are also looking a bit heavy. The bears could be awakening and there could be a correction brewing
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