Tech Stocks Are Hitting Critical Resistance. Plus, My Top Bull and Weakest Bear Stocks
The fragmented trading week continues, and they’re usually slow to get moving. We have a lot of Federal Reserve officials speaking Wednesday, including Chair Jerome Powell. But there’s another Fed official speaking today who could move markets even more… And that’s...
A Volatility Explosion Is on the Table, and the Strongest, Weakest Sectors Right Now
We’re coming off another three-day holiday weekend, and that means a fragmented trading week… On deck for market-moving reports this week, Federal Reserve Chair Jerome Powell is speaking on Wednesday and Thursday. We also have other Fed governors speaking this week,...
Algos Are Hitting 3 Blue-Chip Sectors Hard, and Is the Market Ready to Sizzle or Fizzle?
Is the market ready to sizzle or fizzle? We’ll cover that and more in this morning’s Premarket Must-Watch video… There’s no major earnings on the agenda, but the algos have been on an absolute tear in tech stocks. But finally, they’re starting to move into blue-chip...
Is a Tech Meltdown Coming Our Way? Plus, My Top ETF and Option to Save the Day
The Federal Reserve has spoken, and the Nasdaq is down over 100 points premarket Thursday — that’s not random! We had Kroger earnings this morning before the open, and Adobe after the close. We also have jobless claims, which came in basically unchanged at 262,000 —...
It’s a Huge Day for the Market With the Fed, PPI on Deck. Plus, My Hot Stock Picks
It’s going to be an interesting day in the market… We have the latest Federal Open Market Committee interest rate decision coming at 2 p.m. ET, followed by comments from Fed Chair Jerome Powell at 2:30 p.m. We also just got the Producer Price Index inflation report,...GET IN TOUCH
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