SPECIAL UPDATE–This is a big week with the trade news, NVDA earnings, and a lot of hands in the till. I am going to dive in with John Boyer tomorrow at 9am ET LIVE and show you how to untangle it and find the key set ups with the most promise. Make sure to grab your seat here.

The latest round of trade news gapped the market higher again. I am suspicious of the staying power of the news as we look several weeks out. After all, this a retraction of bad news, more than it is good news. So while I do think the next few days look favorable for higher prices, I also think a larger correction looms not that far away. 

The stocks I identified as “early adapters” and the stocks to be long several weeks ago, are for the first time starting to look over cooked by some measures I follow. Such that if Netflix, Palantir, Robolox, and Uber were early leaders, perhaps they might be early to the downside as well. I am keeping an eye on these as “canary in the coal mine” stocks. 

As I pointed out Crude Oil is on my radar. Not doing anything yet, but this flag pattern under the big resistance is starting to feel more and more bullish for crude oil, and oil stocks.  

Thanks,

Joe