Thursday, November 12, 2020

Will This Beaten Down Sector Break Out?

image

Dear Edward Lance lorilla,

Right now, there's been sector rotation and my data analysis techniques helped me uncover some key areas to focus on.

Can you guess what it is?

If you said the beaten-up travel and entertainment industries… then you're correct.

This area popped a few champagne bottles when a major catalyst hit the table…

Below you can see the Dow Jones Travel & Leisure Index overlaid with PEJ - Leisure and Entertainment ETF.

image

Both had sharp turnarounds and by the looks of it, this once out-of-favor sector might run higher

That said, let me show you what ideas I've come up with and where I'm seeing opportunities.

Click here to continue reading...

image

JC Parets

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

No comments:

Post a Comment

Trader, wondering if the Trade Triangles work?

This is a fair question, and one with an easy answer. But here's how you can see for yourself. ...