I wanted to give you a heads up on a setup on one of my favorite tickers — Adobe. Now that the earnings report is complete — and the stock experienced a pullback, within the expected move — I can look at it for a swing trade. Adobe is one of my favorite stocks to … Read more
Featured on “Your World” with Neil Cavuto March 21st, 2019 – Throughout 2018, the Federal Reserve was raising interest rates. This action, coupled with slowing earnings growth and an escalating trade war, has slowed economic growth much quicker than expected. Hiring, along with consumer spending are also key data points that the Federal Reserve … Read more
Finding Phoenix: MDB I’ve talked several times about these cloud computing companies — they’re big time stocks right now that I’ve been paying close attention to (and if you haven’t been, you definitely should). For today, to elaborate on the strength of this industry, I’m going to talk about a recent trade in MDB. You’ll … Read more
After releasing my most recent indicator, the Phoenix Finder, I had multiple members of the “Five Star” community ask me for more information on it. So I decided to hold an exclusive webinar all about the Phoenix Finder. Now that I have this fantastic research tool, I really don’t know how I traded before without … Read more
Hot Millennial and Consumer Discretionary Stocks Consumer discretionary stocks, and the way they move, are an important ‘tell’ as far as how the health of the economy is doing. Why? Consumers spend money on discretionary products – items they don’t really need, but rather want – when they have extra cash, and are comfortable with … Read more
And where I’m focusing trade-wise. Remember last Friday when we talked? I called that while we initially saw a downside trigger in the transports, because the indexes hadn’t fully triggered, it was still just a slight pullback? Additionally, on Friday, Phoenix showed us how several key names (MSFT, AMZN, GOOGL) started rising after the pullbacks. … Read more
If we look at the data, this isn’t unexpected. Remember when I told you I was looking for signs of cracks in the bullish structure of the market, versus identifying a normal pullback? Well, I’m now seeing signs. You’ll want to read this (especially if you’re one of the many members who have reached out … Read more
As promised, here’s my follow-up from yesterday. What’s even better about actually taking the time to break down the technicals, and show you how I do what I do (so you can too)… is when the play I’ve been talking about continues to pan out well. You’ll see what I mean later. Remember yesterday I … Read more
as the S&P pauses at resistance. You may have noticed that the market has been a bit lackluster after the initial test of $2815 in the S&P. As a key area of resistance, in fact, one of the last major areas of resistance on the path to $3,000, it’s no surprise that the S&P is … Read more
ETSY Trade Idea and Chart Setup For my issue today, I decided to do something a little different — figured I’d wrap up the market week in a new way. So I went and made a video walking you step-by-step through my trade idea in ETSY. If you remember, I talked all about ETSY in … Read more