2 Important Charts Every Investor Should Watch This Week

 
November 30, 2021
 
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2 Charts to Watch on Top of the Omicron Variant News
We started this trading week with a calmer view on the omicron variant and the most important charts to watch.

Many drunk traders woke up on Thanksgiving with late-night news of a new coronavirus variant out of Africa — and it shook the global market with a big sell-off on Friday.

However, the news is preliminary and not informative. For example, we don't know if the new strain is necessarily more lethal, just that it is "very different." In fact, the initial word coming out of South Africa is that the effects are actually milder.

This could end up being just another fear-induced buying opportunity for the markets to go higher by the end of the year.

The market, however, should continue to be volatile into 2022, and this elevated volume could create opportunities!
Opportunities Like These
 
2 Tasty Stocks to Hold This
Holiday Season
While most investors are rattling their brains trying to figure out what the next big sector breakout will be, or what industry will end up doubling… I always tell my readers to go for the lowest-hanging fruit.

Most people tend to overanalyze and create a ton of unnecessary "what if" scenarios when it comes to the stock market.

But I've learned that the best thing to do is go for the idea with the least moving parts...

In the weeks ahead, we have some of the most popular holidays of the year… And with COVID-19 infection rates declining, it looks like people will travel and enjoy dinner with family again, just like we did last week for Thanksgiving.

That's why I'm focused on these tasty food stocks for the holiday season...
It's Just That Simple
 
"Another good session today, thanks guys. I like the way you are presenting it step by step, keeping it simple."

Ritz V.H.






When the MACD falls below the signal line, it is a Bearish Crossover or signal which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a Bullish Crossover or signal, which suggests that the price of the asset is likely to experience upward momentum. Some traders wait for a confirmed cross above the signal line before entering a position in order to reduce the chances of being "faked out" and entering a position too early.
 
 
 
 
 
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