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I've seen a huge breakdown in interest rates the past few trading sessions, relieving pressure on names most sensitive to rising rates — like tech stocks.
If you've seen any of my recent videos, then you know I've been bullish on tech and I am still highly critical of the FAANG stocks.
You can thank momentum levels, the put/call ratio and other indicators pointing to lower prices in the coming months for that one, folks. But that's not the point I'm trying to make in today's video...
This is: Tech stocks are starting to perk up!
So I've handpicked some of the best tech stocks to trade that'll help build the next big thing and be a vital component in the chip supply chain.
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| Get the Tickers Here |
WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | | 2 Stocks to Play an Overbought Market as Inflation Picks Up
|  | All eyes are on May's Consumer Price Index report today as prices rose more than expected. The economy and the Federal Reserve are caught in a balancing act between growing too fast and too slow. The CPI is one of the biggest factors of inflationary pressure.
The bond market has been climbing higher and taking technology and small-cap stocks with it. The put/call ratio and momentum levels show that stocks are overbought. Because of this combination, I don't expect much upside in the S&P 500 in the near term. The Russell 2000, however, has been trading sideways for most of 2021. An extended sideways move raises the probability that stocks will take on a directional bias.
Considering the overly bullish sentiment and current momentum levels, I have identified two stocks that are vulnerable to trade lower. If you're long these stocks, you can exit the positions. If you're looking for a bearish trade, you can buy put options or short the stocks.
In today's video, you'll discover why the small caps are rising… whether the bond market will continue to trade higher… whether the put/call ratio is increasing or decreasing… and which two stocks are cooling off and ready to fade.
| | Get Today's 2 Weak Stocks | | | | |
 | 2 Hot Energy Stocks
to Target for a
Summer of Gains
| June 9, 2021 | If you've paid attention to any headlines lately, then you know crude oil touched $70 per barrel on Sunday for the first time in almost three years.
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| |  | The Sector and Stocks to Inflation-Proof
Your Portfolio
| June 7, 2021
| I want to show my readers the best way to trade inflation in 2021 so we can take stock of what's happening and plan our next move ahead.
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