Stock market indexes increased by at least 2.3% during last week. As discussed in the previous market review (s), we have been approaching the important resistances, which were mostly broken last week. Given that the stocks have bounced now from their lows into finally interesting price levels, are we already through the worst or is…
DetailsThe 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…
Details
Last 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…
DetailsOne 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…
Details
Technology 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…
DetailsThe 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…
Details
Cannabis 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…
DetailsDuring 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,…
Details
Financial 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…
DetailsWhen 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…
Details