Rabu, 11 November 2020

I’m Still Bullish On The Market, Here’s Why

image

Dear Friend,

Over the past few letters, you might've gotten tired of me saying I'm still very bullish on the market.

I'll be honest, I've gotten kinda tired of repeating it — but it's my job to call out the trends I see in the market.

Not that I want to brag, but last week we might've seen exactly what I've been pointing to this whole time - the resolution higher of the market chop of the past 2 month.

Here's what I mean:

image

SPY, Qs and plenty of others across the board have seen a sharp push higher, right to all-time-highs.

Even industrials did great:

image

It's always reassuring to see XLI break out and close at the highs - the sector historically has a strong correlation with the broad market and features many economically-sensitive stocks. In other words, they move closely together.

In retrospect, there's nothing illogical about such a strong uptick.

It seems like the election went a lot smoother than many expected, and the public is satisfied with the outcome.

On top, there are some seasonal tailwinds - historically, November is the strongest month during the election years, followed closely by December.

And, as if none of this was enough, Monday came with vaccine news and got everything explosive.

You'll be surprised by where this is about to turn, but among everything that broke out…

Click here to continue reading…

image

JC Parets

P.S. Kyle Dennis is LIVE right now and putting on an absolute trading clinic. It's about to be power hour, so I suggest you pop in to the room and see what he's cooking up. This is your exclusive chance to watch an eight-figure trader live in action, so take advantage of it.

DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.

Unsubscribe

62 Calef Hwy #233 Lee, New Hampshire 03861 United States

Tidak ada komentar:

Posting Komentar