Despite last week marking the second consecutive week that all three major averages finished down, there are still good signs of wide breadth across the market. Across the S&P 500 index, 76% of stocks are still trading above their 200-Day moving average. The Equal...
During the past few weeks of trading we have seen the market's bullish momentum broaden out from the technology sector into other sectors like industrials and consumer staples. If this broadening out continues, these new leading sectors will likely benefit from the...
During last week's trading, we began to see a further broadening out of the current rally. While the recent market leaders, the mega-cap tech stocks, appear to be pausing to take a breath, leadership has shifted to other sectors like the Industrials & Financials....
After evaluating XLC's technicals, our indicators are signaling that the ETF looks poised to breakout to new highs. Watch our video above to learn how we are positioning to play this anticipated move. https://vimeo.com/918711524/0c3c0c10c2?share=copy As a key part of...
Last week marked a continuation of the market’s current bullish run as both the S&P 500 & Nasdaq indices finished the week at new all-time highs. Last week the rally showed strong signs that it is broadening out as a variety of sectors were rising, coupled...
If KKR can deliver on analyst's lofty earnings growth expectations, then expect this stock to continue to rally and outperform the market. We can take advantage of this bullish trend by harnessing the power of leverage that is offered by trading options. Let me walk...
PCE & Notable Earnings Draw the Market’s Focus The past week saw much of the market’s short-term uncertainty be resolved as NVDA delivered a strong earnings beat, which propelled all three major indices to reach new 52-Week Highs, including new All-Time Highs for...
What to Watch for This Week Last week was another incredibly strong week for the stock market. Investors saw all three major indices make new highs, including the S&P 500 index trading above 5,000 for the first time ever. This all came as last week’s major macro...
As more and more business has begun to be conducted online, this has led to a huge surge in the volume of cyber attacks against businesses and governments alike. This occurrence has created a huge and ever-growing demand for adequate cybersecurity defense. This...
The current strong state of the U.S. consumer and their high level of spending coupled with supply chains that have recovered after the pandemic, this has allowed companies like TJX to have consistent inventories to sell to their customers. Should these conditions...