I’m going to set aside my weekend dependence on videos, and actually muster up some text and graphics instead. This time, I’d like to home in on a group of the key exchange-traded funds.
The price gap on the SPY (and SPX, obviously) offered little in the way of support. We’ve sliced right through it. This opens up the opportunity for September to be not just good for the bears, but great.
On Friday evening, I went through my list of key ETFs, and I found eight that seemed strong and eight that seemed vulnerable to weakness. Here are the strong-looking ones.
Just as important as how to trade is knowing what to trade. Because the stock market is so diverse, with so many sectors and companies, developing traders are most likely to succeed by focusing their efforts on current areas of opportunity.
ETFs can provide excellent ways to create diversified portfolios without having to buy individual stocks. Determine which ones might fit into your portfolio and then add them to your watch list. Here, to start, are the basic six.
Grab (NASDAQGRAB) partners with OpenAI to integrate generative AI in app for visually impaired, elderly users & advanced chatbots. Stock up 25% in last 12 months.
Starting with the Dow Industrial “diamonds” ETF, we see here how the trendline that used to define support is now resistance, and Friday’s high got quite close to tagging the underbelly of this line.
In this week's video, we'll review a wide range of datasets to help us answer the question: Are the charts starting to cast doubt on the strong economic thesis?
Wells Fargo Investment Institute has a 4600-4800 year-end 2024 target for the S&P 500 Index and 2000-2200 for the MSCI EAFE Index. Favored sectors are Health Care, Industrials, and Materials.
