|
|
If you've paid attention to anything I've said over the past few weeks, then you should know the oil market has seen a big boost.
Crude oil rallied above $70 a barrel for the first time in nearly three years!
And it's giving oil producers the means to generate a lot of cash flow they can use to repay debt, drill more wells and, what we're all probably here for... return money to shareholders via dividends and stock buybacks. So in today's video, I want to give my readers the most promising oil and gas stocks to trade as prices soar to key benchmarks.
| | |
2 Names You Don't Want to Miss | 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! | | The Top 3 Inflation Plays as Stocks Cool Off
| | Inflationary stocks have dropped recently with the bond market's rally. The Federal Reserve announced this past week it may alter its economic stimulus efforts, and markets are paying attention. Higher interest rates will drive investors toward inflationary stocks — and I've identified three stocks positioned to benefit from this influx.
I've talked about the S&P 500 momentum levels for a while now. About 30% of stocks are trading above their 50-day moving averages. I don't expect levels to drop much further and we could see a bounce back in these names. Nasdaq stocks are also near all-time highs with only 50% of them trading above their 50-day MA. Tech stocks are interest rate-sensitive, however, and would suffer the most from a rise in rates.
This is another busy week for economic data. Wall Street's attention is focused on the second quarter's gross domestic product report, coming Thursday. Expect muted trading leading up to its release. In today's video, you'll discover which Fed report is instrumental in determining interest rate hikes… whether bonds will trade higher or lower in the coming days… if S&P 500 momentum levels will move in the near term… how tech stocks will react to a change in interest rates… and the top blue-chip stocks to buy right now.
| Get Today's 3 Plays | | | |
| These 2 Gun Stocks Could Score You Some Big Profits
| June 20, 2021
| Something major in the firearm industry happened nearly a week ago that nobody is talking about…
Continue Reading
| | | 3 Commodity Funds to Combat Rampant Inflation
| June 19, 2021
| Why does it seem like everyone in the financial market keeps talking about which commodity ETFs to watch? Continue Reading
| | |
No comments:
Post a Comment