Price Action Choreography of the US market
“No one should be offended by data.”
The inflation report is out and it’s ugly but the US market staged a bullish comeback on the premise that the Inflation has peaked. But is that true? We will find out soon. The market meanwhile will continue to do what it is doing i.e. making everyone nervous.
The global economy is likely entering a “war-cession” ~ David Roche
Everybody is screaming recession. There is fear everywhere and for the right reason. The markets continue to decline. Nothing is getting spared and even stocks like Apple to Microsoft getting dumped. But even during extremely dark times, there are always some stocks that continue to attract money. The objective of the newsletter is to bring your attention to such stocks.
The market has a new source of worry – The Federal reserve going to be more aggressive when it comes to raising interest rates. This has resulted in dramatic selling in growth stocks. The market also has another debate to settle – How will the aggressive rate hike play out? Will it result in recession or just a gentle slowdown? The big question – How are the market participants positioning themselves for the new future.
It was looking like the markets are set to make a comeback but everything has come crashing down due to hawkish statements from Central Banks. Everything that looked good a week back has turned ugly. Here’s how the Large-cap end of the market is looking.
[Read more…] about Hawkish US Central Bank and Fearful Investors
The market this year has been quite erratic. You make a case for one thing and all of a sudden the reverse happens. Today, commodities are selling off in hopes of a peace resolution between Russia and Ukraine. That’s not all, most of the tech stocks making a grand comeback and the question that needs to be asked is – Should one buy this rally? Here are 3 stocks that deserve your attention.
Russia Ukraine war is an unfortunate development and investors are positioning themselves in companies that offer promise and safety in the new world order. It started with Oil, and then spilled onto metals and now some new names. Here are a few Large cap opportunities to consider.
[Read more…] about Geo political tensions and the Bullish stocks
The market always makes sense when you look back. It has been an extremely volatile period and a large number of stocks have been hammered beyond recognition but even in this market, some stocks have done extremely well. Here are a few large-cap stocks (the stocks with a market cap of more than $10 billion) that have done well. The interesting part is they all share similar characteristics. The article will help you understand what drives stock price performance and the stocks that fit that criterion right now.
The price action has become quite interesting. The headline continues to be bad on inflation, geopolitics, and rate hikes. But the market is doing an interesting churn and new winners are emerging. Thankfully, the relentless focus has helped and our trading stocks are doing well especially inflation and the end of pandemic trade. Let us review price action case studies to observe and evaluate new opportunities especially in large-cap space.
S&P500 is up 1% but if you scratch the surface, the market continues to witness selling at the highs. It just proves the idea that most of the events are noise and they do not set the trend in motion.
The Good news is that there are stocks breaking away from the pack and making a decisive bullish move. The time has come to keep a close eye on such stocks for opportunities.
Ukraine War is making everyone nervous but the market is so oversold that lots of stocks now refuse to go down. The market is also pricing the end of the pandemic by chasing Home Away stocks to new highs. Some Corporate Executives have started buying stocks of their own companies. Also, big influential investors seem to be building positions in EV stocks. No wonder most of them are up today. Here are a few interesting price action case studies/opportunities in Large-cap space. I will also update new observations during the day.