Keeping things simple and to the point, here are a few of our U.S. trade ideas. Please note that we post the majority of our ideas and research in our client community. These U.S. trade ideas, among others, were posted earlier today for our clients before sharing them here. Altimmune, Inc. (ALT) Enter on a …
There are a lot of different cryptocurrencies out there, although how can you tell which cryptocurrency to buy in 2021? We’ve made a lot of commentary around the four year halving cycle and how it drives the Bitcoin price. Here is the first article we wrote for Finweek on the topic. Perhaps it would be …
2020 was wild. In fact, it was a good lesson in accepting the true unpredictability of not only markets, but the world itself. It also further cemented one cardinal truth… you can’t fight the Fed. Especially when good ol Jerome has a Santa hat on and is shouting “Brrrrrr! Christmas is coming!”.
It’s been a while since we’ve put out some US trade ideas. Don’t chase them and make sure you stick to the stop losses.
The election is just one week away and we recommend staying light into the election and making decisions post-election results, even if we have to pay up a bit in case of good news, or just stay on the sides in the case of bad news. There is no edge in trying to figure out an election result for a trader.
Markets are feeling a little fragile at the moment, thus we’ve not produced many offshore trade ideas over the last few weeks. We do at least have one offshore short-term trade idea today that we think is worth looking at.
Some short-term offshore trade ideas for the week, focussed on the U.S. markets.
Gold and silver have been the talk of the town amongst most professional investors in recent months. With the Fed printing the dollar into oblivion, gold caught a decent bid and became massively overbought, along with its cheaper brother silver. Gold and silver sentiment became extreme and as you know, when the hysteria hits the market, it’s normally the end of the bull run. We have now had a decent retracement and believe that we can start looking at gold shares again for a bounce.
So, in the depths of the COVID gloom there was talk of a depression and stocks dropping another 50% from the lows. There was absolute conviction that you should not be buying. Now, after one of the most insane V-shaped recoveries we have ever seen, most analysts tell you to buy Apple, Tesla and anything tech-related as we have entered a new type of world. And yes, a V-shaped recovery… as most analysts say it isn’t happening, but it’s a clear V – as you see in the chart of the Nasdaq. Anyway, the consensus has swung from “don’t buy” when it was low to “buy everything” here and now? We disagree. We think it’s time to go risk-off.
Some of our U.S. trades ideas on GILD, INTC and NFLX.
The Index holding the largest amount of fast money shows that we are still above the famous 20 day moving average. It has now been tested numerous times, as well as, the upward sloping trendline that mirrors the 20 day.