Something I get asked about a lot is what are my favorite books about investing. So before I left for my summer vacation with the family, I filmed a video about my favorite educational stock market book, William J. O’Neil’s “How to Make Money in Stocks.”
O’Neil is the founder of Investor’s Business Daily and the IBD 100, which is the all-star team of hot momentum stocks.
Summer is a great time to kick back and relax with a book, especially when traveling, and this is the one I go back to and reread a lot.
Not to mention… this market is dangerous so we should all pull back a bit and do some reading and learning, and O’Neil’s “How to Make Money in Stocks” is the perfect way to do just that.
Those who know me know I watch the 11 major sectors closely…
I even have a cool Cumulative Strength Index scan I use as a barometer to gauge the S&P 500 and Nasdaq to find and track the hottest and weakest stocks to add to my watchlist each week.
But I noticed something crazy happening over the past few trading days…
Defensive sectors like Energy and Utilities have been leading the pack for a while now, but three more speculative sectors have wiggled their way to the top.
So in this video, I thought I’d go over the major sector rotation happening right now, and what it means for stocks moving forward…
P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.
That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!
Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.
Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details.
Sector Analysis is typically employed by traders and investors who specialize in a particular sector, or who use a top-down or sector rotation approach to investing. The most promising sectors are identified first, and then the trader or investor reviews stocks within that sector to determine which ones will ultimately be purchased. A sector rotation strategy may be employed by trading or investing in particular stocks or by employing sector-based exchange-traded funds.
Give us a follow and join the conversation on our official social media channels:
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "Summer Reading: Jeff’s Favorite Book to Learn About Trading Stocks"
Post a Comment