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Good morning After 2 brutal days we are getting a bit of a relief rally right near the October lows for several sectors and indexes. There is chatter that the Fed is likely to pause rate hikes as early as this upcoming Spring and that is giving the markets something to grasp onto for this bounce. I anticipate ..
Read MoreGood morning It has been said that hope is not a strategy for investing in and trading stocks. The hope I had for the markets this week is quickly fading as they are about to potentially test the recent October lows. There is still a chance that we could see a rally this week however the premarket action indicates that we are looking at another lower open. Sentiment has clearly changed in the markets and
Read MoreHappy Saturday After going through my sector and index scans there may be some reason for optimism heading into a shortened holiday week of trading. There are a few technical indicators that give me hope that we could see a nice bounce in the near future for the markets. How long this good feeling will last depends on the price action we see next week. We will likely see a low volume week of trading with the Thanksgiving holiday and we have a short day of trading on Friday. The week has a tendency to have some low float movers form years past. Lets see if the trend continues. I have a pretty compelling list of stocks to watch for next week and will be sharing it with the pro members in a video tomorrow morning. The video below is a breakdown of what I am seeing in the indexes and sectors that have given me some hope for the bulls in the near term. Enjoy the rest of your weekend and have a fantastic Holiday week. Happy Thanksgiving to all! Become an Alpha Wolf Pro member for only $197.00 a year. https://www.alphawolftrading.com/membership Click on the banner above to sign up for Finviz ELITE> I use Finviz every day and find it worth every penny! Last weeks Pro member stocks to watch and their performance for the week This weeks Free Video Highly anticipate earnings for next week ** **Source Earnings Whispers www.earningswhispers.com Economic Calendar for the week ahead Source www.marketwatch.com Happy Saturday After going through my sector and index scans there may be some reason for optimism heading into a shortened holiday week of trading. There are a few technical indicators that give me hope that we could see a nice bounce in the near future for the markets. How long this good feeling will last depends on the price action we see..
Read MoreGood morning Equities continue to struggle with many indexes and sectors either in or approaching bear market territory which is defined by a move lower of a 20 percent from the most recent high. Several big name stocks like APPL have just entered bear market territory. The average bear market can last 10-15 months with stocks dropping on average around 32 percent. However, one could make the assumption ...
Read MoreGood morning Equities have struggled and appear as though they could be heading for a potential retest of the recent October lows. Two things that could continue to drive market sentiment are the Fed which spoke last night and suggested the markets will have to get used ...
Read MoreGood morning Global growth is slowing and that is weighing heavy on equities. Germany and Japan reported weaker than anticipated economic data along with China as trade war concerns continue put pressure on equities and the global economy. Oil is down 12 straight days in a row and could be looking at a relief rally bounce in the near future. The Fed chair Powell will be speaking at an event late this afternoon and will be watched closely for..
Read MoreGood morning After a 600 point drop in the dow yesterday markets are bouncing slightly this morning. As I said in this weekends video there are many sectors and indexes that remain in the guilty till proven innocent category. It is still a time to tread carefully and be cautious which means adjusting your trade size and as always >being disciplined with your entries and with your stops.
Read MoreGood morning Happy Sunday I hope you are having a wonderful weekend. Even though Friday ended the week on a sour note for equities the indexes were still up slightly for the week. There are still a lot of sectors that are in the guilty till proven innocent category since they are still making lower highs and I am concerned they may either retest their recent lows or.....
Read MoreGood morning The Fed announcement has come and gone without a lot of reaction from the equity markets. However, it appears as though the Fed plans to continue with its steady increase in rate hikes which could weigh on markets in the future. Many sectors and indexes remain in the guilty till proven innocent camp until we get some better looking technicals. Be careful in the cannabis..
Read MoreGood morning Impressive bounce in the markets after the results of the midterms. Today's focus will be on the Fed and its view on the economy. A rate hike is not expected today but it is the tone of the Fed and what is said today that could impact equities. The cannabis space was on fire
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