Thursday, November 18, 2021

Did You Know Gold Is One of the Most Undervalued Trades Right Now

 
November 18, 2021
 
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It didn't take Joy of the Trade Head Trader Jeff Zananiri long to get this former member of both the CBOE and the American Stock Exchange on board with these "Round Trip" signals.

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Everyone's Invited to Witness the Signals
 
Why Gold Is One of the Most Undervalued Trades Right Now
We've all heard by now that inflation is running rampant, which has gold at the top of my list as far as undervalued trades go right now...

We also had a slew of quarterly earnings reports this week, with a number of big retail stocks releasing their numbers alongside big retail data on Tuesday.

October's retail sales data came out Tuesday and the latest jobless claims data comes Thursday. There are also a few other big news events to watch this week while the major indices are trading near record highs.

Back to what's topping my radar as far as top money-making opportunities… gold! It's one of the most undervalued trades I see in the market right now… period.

We know inflation is a huge problem, and gold is a great hedge against it. Last but not least, I also have a bit to say about crypto after some huge Bitcoin news...
Let's Talk Gold, Bitcoin and Earnings!
 
The Top Retail Stocks This Earnings Week Aren't Who You Think
This week is shaping up to be an eventful one, after a week where the only thing to talk about was inflation. We can look forward to several key economic data points these next few trading days, with company earnings and the monthly options expiry being on the way.

And my readers at Fortune Research can look forward to my top retail stocks as we get both data and earnings from key players in that space.

We'll hear from some national giants this week, Walmart and Target among them…

But I've got my eyes on other data and names this week…
What the Week Holds
 
"Roger, I started the service at the beginning of August and love the results so far.  Thanks for all your training and insight.  I have learned a lot about successful trading. Sincerely,"

Jeff G.
A Flag is a technical charting pattern that looks like a flag on a flagpole and suggests a continuation of the current trend. Flags are areas of tight consolidation after a sharp movement in price and typically consist of between five and 20 price bars. The bottom of the flag should not be lower than the midpoint of the flagpole that preceded it.
 
 
 
 
 
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