The major stock market indexes are dealing with their resistances at the moment. Apple helped to bring Nasdaq and Dow higher since it makes a considerably big portion of each. Whether it goes up more or not, since it’s quite overbought now doesn’t really matter. Because the influence was done, the healthy stocks even in…
DetailsLast week did not move much the major financial markets keeping the indexes between their support and resistance levels. A super low unemployment of 3.9% reported last week adds a first positive element for the future rise of the US equities. The second positive element is that more than 80% of S&P companies reported their…
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One month to the legalization of recreational marijuana in Canada remaining! A few pot firms are really well prepared. One of them is MedReleaf Corp. (LEAF.TO). It is still questionable whether it will really happen in June, because of political disputes and discussions suggesting to postpone the legalization. Nevertheless, sooner or later it will…
DetailsTechnology is still the best performing sector and all the eyes are watching what is happening here and there because big profits are made in large, medium and small-cap stocks among various industries. An exciting one is Semiconductors! I have already written an article how and why it is right to invest in semiconductors, so…
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The major stock markets did not move much in the last week. A positive element of strong earnings mixed with a negative element of rising interest rates leads to a little change in percentage points. However, a trend analysis of the stock market’s big picture will definitely show a clearer picture. That’s what we’re gonna…
DetailsCannabis investing becomes more and more popular and will likely become a top-performing sector in 2018. I have already written why and how and what to do at the beginning of the year. Now, I’m going to show a trading setup of the biggest company engaged in marijuana business: Canopy Growth Corporation (WEED:TO) Canopy…
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During a market consolidation as we are facing now, it is important to re-evaluate trading strategies and re-analyze the stocks currently in a basket. Such correction as happened recently in February makes investors rebalance their portfolio. This results in dumping weak stocks and holding or even buying more of the strong ones. Once market consolidates,…
DetailsFinancial markets have finished in positive territory on the last week. It seems like the market is slowly but certainly shaking off the worries about rhetoric announcements by Donald Trump and Xi Jinping that might result in a trade war. As indicated in a previous week’s market review there have been no tariffs imposed yet…
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When gold goes up, trade gold miners. When oil goes up, trade refiners! The oil has gained a value – thus, oil-related companies record more profits and as a result, their stocks increase substantially. Specifically, Oil & Gas Refining & Marketing industry is shaping a strong trend for healthy stocks. Today I am going to introduce a…
DetailsStock markets keep shaking as trade war panic continues. This is a great example how news can impact the markets even though the real economic fundamentals are strong. Jobs data show 103,000 jobs created in March, unemployment super low of 4.1% and wage growth rose to 2.7%, however, still within a range to prevent higher…
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