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Stocks Long stock ideas Financials (BAC, GS) with potential for pullbacks but overall bullish Healthcare (BHVN, JNJ) showing relative strength Technology (DOCS) early uptrend Short stock ideas Basic materials (AEM, STLD) clearly bearish sector Energy (XOM, CVX) at support levels but potential to go lower Risk management Position sizing critical in volatile markets Use stop…
Stock Market Rips Higher: Don’t Buy Now
Outline Introduction Going to discuss whether it’s the wrong time to buy stocks now Also discuss how to understand when it might be a better time Will use Fibonacci retracement tool to analyze this Goal is to keep things actionable for the community Market Update S&P 500 hitting 5,000 level Represents a 15 week rally…
Podcast: Stocks & Options 3-23-24
Trade Stocks With Pete | Trade Options With John Summary Navigating the late-stage market cycle: How to stay cautiously bullish while avoiding potential pitfalls Mastering the art of chart-reading: Discover why respecting technicals is crucial for trading success, no matter your opinions Traders vs. Investors: Uncover the surprising differences in how they approach…
Stock Market Braces For Volatile Week: Trade Ideas 7-29-24
Trade Options with John | Trade Stocks with Pete I. Market Overview A. Volatility is back B. Disconnect between Dow headlines and broader market performance C. S&P 500 and Nasdaq weakness D. Importance of the Magnificent 7 stocks II. Market Analysis A. Rotation out of tech stocks B. Strength in other sectors (financials, healthcare,…
Forex Trading Insights: Bullish US Dollar 9-27-23
Outline I. Introduction Weekly outlook for the US dollar in forex trading Currently seeing a slight pullback after weeks of bullishness II. Key Economic Data Impacting Forex Outlook New home sales data much lower than expected Negative impact on US economy and forex trading Due to high mortgage interest rates above 7% Durable goods orders…