Supports to Be Tested Again Following CPI? Stick With Solar Stocks, Buying Manufacturing Names
Supports discussed in recent weeks have held, including 3900 on $SPX, $293 on $QQQ, and $177-178 on $IWM. These levels could be tested again...
Headwinds Persist, Including Rising DXY, 10-Yr Treasury Yield, & Commodities; Buying Staples, Solar
We still see the market as being in pullback mode; the $SPX, $QQQ $NDX, and $IWM $RUT are all testing 50-day MA support, the first big area of...
Volatility & Consolidation Continues; Buying Ag Chemicals, Aerospace/Defense, and Shipping Stocks
Moving forward we continue to expect more volatility and consolidation between 4257 and 4590-4595 on the S&P 500, and between $334 and $367 on the...
Solar Stocks Are Bullishly Inflecting -- Buy ENPH, RUN, FSLR, DQ, NOVA, SPWR, HASI, CSIQ, and Others
Price and RS have been basing for nine months and now display bullish inflections on the Invesco Solar ETF (TAN). This is the time to pounce, and...
No more insights