Monday, November 14, 2022

Two bullish and two bearish stocks for your watchlist

It's going to be a very interesting week in the markets
image

Happy Monday from Across the Pond!

Obviously, we saw a huge rally late last week, but don't read too much into that.

The current upswing since mid-October is being accompanied by a combination of greater volatility, mixed participation, and likely near-term exhaustion.

It looks like this up move may need to take a breather soon – possibly coinciding with the end of earnings season.

However, what comes next is the key point. The next move down may well be the final one before this market finds its feet again and becomes more technical and EASIER to trade.

As per last week, it's likely that the remainder of this up-swing will be short-lived before the next downward retracement.

Before we sign off, here is our Weekly Watchlist:

image

Hope you have a great week and best of luck with your trading.

Cheers,

Guy Cohen

P.S.: I'll be hosting an event later this week on Thursday. I'll share more details as soon as I can, but please mark it on your calendars so you can be certain to be there!

RISK DISCLAIMER There is a very high degree of risk involved in trading.. DTI Trader and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

Unsubscribe

DTI Trader
1555 University Blvd South
Mobile, Alabama 36609
United States
(251) 652-1555

No comments:

Post a Comment

Your Weekly Recommended Reads

Powered by AI, personalised for you Catch up on key news and analysis from the week gone by with The Business of Fashion's My...