Current headlines have been warning investors of a catastrophe that could make a huge impact on the stock market in the fast-approaching winter months: the global energy shortage in 2021.
Oil rose above $81 a barrel for the first time in seven years. And some analysts are calling for the price to move even higher, to $90 or even $100 per barrel, if we experience a colder-than-anticipated winter.
At the same time, we’re seeing natural gas trading at multi-year highs — up 47% since August — while there’s a shortage of it.
And to top it off... The coal supply in Europe and China is running out. China is already experiencing rolling blackouts, and the incredibly coal-dependent India has about 63 of its 135 coal-fired power plants relying on less than two days of supplies.
Do you know what that means?
As Joy of the Trade Head Trader Jeff Zananiri and I are about to explain, all the money is going into the Energy sector and, more specifically, right into this stock...
Markets opened slightly lower on Friday after weak manufacturing data. Overall, the week has been stable. Indicators are within normal levels and earnings continue to be mostly positive. The Nasdaq, however, is dealing with a tug of war between earnings and interest rate pressures. And that’s not even taking into account the supply chain and potential winter COVID-19 outbreaks. Markets will likely continue to be choppy. So I’ve picked out two stocks that made 90-day highs and have pulled back to their 50-day moving averages.
In this video, you'll discover which index is lagging and which one is leading… the most probable scenario for the bond market in the near term… the biggest Federal Reserve data to pay attention to right now… a global update on China and Evergrande… and two hot pullback stocks for you to buy right now.
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!
Everyone probably knows this, but most “popular” trading strategies that novice investors use lose money. Think about it... If we could simply Google a winning strategy, everyone would be making money.
Wall Street knows this… so it takes the opposite side of those trades… In other words, big firms bet against common strategies that many individual traders use.
But there’s a way for us to take advantage of this pattern.
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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