We’re seeing some inflationary pressure right now. And while that can put a damper on consumer stocks from a historical perspective, it actually creates a wider profit margin for bank stocks.
When inflationary pressure hits, there’s a higher margin possible between the rates at which banks can borrow, and the rates at which they can lend. And that creates more profits for banks.
I covered bank stocks recently, and for good reason. They’re not only reporting strong earnings, they’re outperforming!
That’s why I want to share two overlooked bank stocks that are deserving of your attention right now.
The markets are opening down this morning. The Dow Jones was down 113 points, the Nasdaq was down 70, and the S&P was down about 16 points. We had two full days above the 50-day moving average last week, but that’s not as positive a move as I’d like to see.
And if we fall below the 50-day MA, we’ll be back in the twilight zone, that area between the 50- and 200-day MAs. When we’re in that zone, there’s not much direction in the markets.
In today's video, you'll learn why we're not out of the danger zone yet... which sectors to focus on… why holding bonds is wise right now… major levels to focus on... which index is leading and which is lagging... and three stocks to fade during a choppy, sideways market.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
Most “popular” trading strategies novice investors use actually lose money. Think about it... if trading was as simple as searching on Google for a good strategy, everyone would be rich.
Wall Street knows this… so it takes the opposite side of those trades… In other words, it bets against common strategies that many individual traders use.
It’s a bit controversial, but there’s a way for us to use that knowledge to our advantage. It allows us to get into trades before big-money investors pile in.
We’re hosting a live training session Tuesday to share all of the details. Simply click the link below to register before it’s too late.
2 Hot Cloud Stocks Whose Momentum Levels Just Went Through the Roof
October 17, 2021
Momentum levels are up, volatility is low, small-cap stocks are trading above their 50-day moving averages, and large caps aren’t far behind. The markets are finally starting to turn bullish!
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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