by Roger | Jun 30, 2021 | Roger’s Rundown
If you’ve paid attention to my recent videos, then you already know less than half of the stocks in the S&P 500 are pushing the index to record levels. And that the relative strength index for the Nasdaq is at its highest level since September 2020. A cooldown is...
by Roger | Jun 28, 2021 | Roger’s Rundown
Markets are a little overextended and this week is no time to be a hero. Real estate companies have been doing well as our economy has picked up the past few months. I have one REIT and one bearish stock on my radar to trade this overbought market — and more in...
by Roger | Jun 24, 2021 | Roger’s Rundown
Wall Street’s focus is on a flood of economic data hitting the market today. The gross domestic product, durable goods orders, international trade in goods and jobless claims reports were released this morning. Keep an eye on the bond market as Wall Street digests the...
by Roger | Jun 23, 2021 | Roger’s Rundown
The Energy, Healthcare, Communications Services and Information Technology sectors look great right now. We are back in a twilight zone between blue-chip and tech stocks. Pullbacks are some of the greatest opportunities to trade in this environment. I’ve identified...
by Roger | Jun 21, 2021 | Roger’s Rundown
Energy, Financials and basic Materials sector stocks will benefit from a potential shift in the market. Three stocks are on my radar today after making pullbacks to their 50-day moving averages. Inflationary stocks have lost steam but could bounce back in the near...
by Roger | Jun 17, 2021 | Roger’s Rundown
The best course of action right now is to focus on sectors that aren’t sensitive to interest rates. I expect some choppiness in the bond market and a cooldown in the next eight to 10 weeks. There’s a negative correlation between tech stocks and inflationary names in...