Technicals: Bullish
Sentiment: Bullish
Fundamentals: Bearish
Macro: Bearish
Breadth: Slight-Bearish
Correlations & Ratios: Divergence
4-Day week, I expect it to be a relatively quiet week.
Hideous risks continue to linger in the market:
- Market cresting into new all-time highs
- Fed announced it's tapering the Repo operations
- Federal Trade Commission spoke about a probe of the acquisitions of the big tech companies
- The yield curve has just inverted again
- Germany has completely stalled out | Eurozone is ugly
- Coronavirus is still evolving | China on lockdown | Going to get worse before it gets better
Sell List: LVS, MGM, CCL, RCL, LUV, GM, RL, PHM, AEM, UAA, UTX, WDC, AZPN, B, NXST, PPL, EEFT, BMY, STT, IAC, MGRC, MTN, NSSC, PRO, SNN, SSD, SWK, TER, TSM, LPSN, MLM, AUDC, BANF, BOOM, STX, ELY
Buy List: CSIQ, UGI, XOM, UNG, AOS, NJR, AYI, CAG, CMD, FIZZ, HCSG, LEG, MO, MSM, NJR, PRA, CVGW, HSIC, AGN, WBA, GD, MOH, OLN, NUE, SJI, TARO, SXT
Best,
- RH
BALTIC DRY INDEX:
tradingeconomics.com/commodity/baltic
LAST WEEK'S POST:
GOT LUCKY WITH A RECENT PURCHASE: *BUYOUT
PREVIOUS PURCHASES:
Sentiment: Bullish
Fundamentals: Bearish
Macro: Bearish
Breadth: Slight-Bearish
Correlations & Ratios: Divergence
4-Day week, I expect it to be a relatively quiet week.
Hideous risks continue to linger in the market:
- Market cresting into new all-time highs
- Fed announced it's tapering the Repo operations
- Federal Trade Commission spoke about a probe of the acquisitions of the big tech companies
- The yield curve has just inverted again
- Germany has completely stalled out | Eurozone is ugly
- Coronavirus is still evolving | China on lockdown | Going to get worse before it gets better
Sell List: LVS, MGM, CCL, RCL, LUV, GM, RL, PHM, AEM, UAA, UTX, WDC, AZPN, B, NXST, PPL, EEFT, BMY, STT, IAC, MGRC, MTN, NSSC, PRO, SNN, SSD, SWK, TER, TSM, LPSN, MLM, AUDC, BANF, BOOM, STX, ELY
Buy List: CSIQ, UGI, XOM, UNG, AOS, NJR, AYI, CAG, CMD, FIZZ, HCSG, LEG, MO, MSM, NJR, PRA, CVGW, HSIC, AGN, WBA, GD, MOH, OLN, NUE, SJI, TARO, SXT
Best,
- RH
BALTIC DRY INDEX:
tradingeconomics.com/commodity/baltic
LAST WEEK'S POST:
GOT LUCKY WITH A RECENT PURCHASE: *BUYOUT
PREVIOUS PURCHASES:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.