Most of my readers will tell you that my favorite index to search for hot stocks is the Russell 2000, which, give or take, holds names with market caps up to about $2 billion.
They might also say that it’s been rather stagnant lately…
But according to my analysis, it’s highly correlated to the S&P 500 over time. So if the Russell 2000’s stagnant for a long period of time, it tends to play catch-up fast.
It also gets its biggest moves toward the beginning of the year!
So there’s a particular group of Russell 2000 stocks for 2022 I want my readers to start looking at now
The bond market finally started to break down while the Dow approached a turning point — and more in Wednesday’s stock market recap.
I’ve been short the bond market for a while now, and we’re starting to see the kind of action I’ve been predicting.
The iShares 20+ Year Treasury Bond ETF was down and trading near its 50-day moving average of about $148 per share. More downside is likely in store, so it could drop further to around $146.
The Dow has come up in line with its recent high, and has a good chance of breaking through that level of resistance and heading higher.
Elsewhere in the news, we have the international trade in goods and services report coming Wednesday, while Thursday brings with it the latest jobless claims report.
In this stock market recap video, you'll also get a complete review of the 11 major S&P 500 sectors… learn whether momentum levels are catching up with the market… and get the strongest and weakest stocks I'm targeting right now — with price levels
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!
So much has happened around the world like COVID-19 and new Federal Reserve policies, so I thought I’d take this time to give you six trading tips for the holidays…
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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