Archive For The “Mid-Week Commentary” Category

Weed Again…You Gotta See This

By |

WEED LONG TERM OUTLOOK Long term trends in the cannabis industry continue to remain bullish. Price action is maintaining its constructive formations to continue to move up. Global money is showing that its flowing into the blossoming industry as it remains hot on people’s minds and portfolios. New positions can be built and legged into…

Read more »

Despite Flight To Safety, This Stock Inside Is Poised To Go Up

By |

WEEKLY ANALYSIS Stocks opened modestly lower but the decline reversed but more modestly intra-day into the close. The Dow Jones Industrial Average ETF DIA was up 2 points on the day and closed at 260. For the S&P 500, there is support near 2832 and 2795. Resistance levels are currently at 2906 and 2943. GLOBAL…

Read more »

No Death Cross However Not Out of Woods Yet

By |

THE HINDENBURG SYSTEM IS CURRENTLY SHOWING NO DEATH CROSS * The 50 day average price is above the 200 day average price * The market has not declined more than 20% from its high * Recent volume is within normal levels * Volatility is at normal levels THE HINDENBURG SIGNAL FOR TODAY IS OUT Currently…

Read more »

Check Out This Dividend!

By |

HAS is the best dividend play right now The strength of Hasbro Inc (HAS) over this recent period has been good compared to the overall market and industry peers. Coupled with positive dividend growth over the last 12 months of 10.5%. This makes HAS a great dividend play with an expected current dividend yield of…

Read more »

Crypto Warning!

By |

CRYPTO SHORT TERM PERFORMANCE Traders should be out of ETH and LTC. These type of gap moves are short term trend killers. Bitcoin still be held as a longer term play but be sure to watch support. ETHER MEDIUM TERM UPDATE Medium term trends in Ether are bearish, however yellow light caution must be given….

Read more »

Waiting On Fed…

By |

COMMODITIES RECENT RELATIVE PERFORMANCE UPDATE Currently the stock market continues to outpace safe havens as well as inflationary concerns. As a long term metric this usually means that stocks are still in play and preferred over other alternatives. COMMODITIES TRENDS Group ETF Name Trend RSI with Trend Metals GLD SPDR Gold Trust UP YES Metals…

Read more »

This Market Dispersion Is A Wake Up

By |

WEEKLY MARKET ANALYSIS Stocks opened modestly lower but the decline reversed and accelerated during the day into the close. The Dow Jones Industrial Average ETF DIA was up 1 points on the day and closed at 268. For the S&P 500, there is support near 2950 and 2932. Resistance levels are currently at 2984 and…

Read more »

Oil Divergence Gives Clear Signal

By |

WEEKLY MARKET ANALYSIS Stocks opened modestly higher but the advance reversed and accelerated during the day into the close. The Dow Jones Industrial Average ETF DIA was down 2 points on the day and closed at 265. For the S&P 500, there is support near 2900 and 2870. Resistance levels are currently at 2962 and…

Read more »

Alternatives are Confused…

By |

ALTERNATIVES RECENT RELATIVE PERFORMANCE UPDATE At the moment, water as a natural resource, is outperforming its major alternative asset peers. We track water, because it is the new oil of the future. As a natural resource, in extreme examples of fear, it can be used as a safe haven such as gold, albeit the delay…

Read more »

Check Out This Weed Stock!

By |

WEED LONG TERM OUTLOOK Long term trends in the cannabis industry continue to remain bullish. Price action is maintaining its constructive formations to continue to move up. Global money is showing that its flowing into the blossoming industry as it remains hot on people’s minds and portfolios. New positions can be built and legged into…

Read more »

Facebook Auto Publish Powered By : XYZScripts.com