Our article back on on January 16th highlighted Brazil stocks (EWZ) as a place to search for growth companies. We felt that Brazil’s economy should perform well in 2019 after better economic results and decreased regulation. We liked MercadoLibre (MELI) when the stock was trading in a range between $250 and $350 dollars. We then repeated our comments about MELI again in Read more ➝
Investors are expecting a decerease in US interest rates this month. Usually, that is bullish for markets when the indexes are near all time highs.
A Nasdaq Sell signal is imminent.
Microsoft (MSFT) reports earinsg on Thursday. In FAANG and related stocks, MSFT continues to be a standout. NFLX has competition and content reduction, AMZN has seen competition from WMT and also cloud spending slowdown, GOOG faces political backlash along with slowing compartive results, FB faces similar issues currently, along with lower usage rates. We’ve seen a high amount of call buying recently, heavily bullish-biased flow as shares Read more ➝
Bristol-Meyers Squibb broke what was strong support on another day of pharma sell off. Builders fared much better as the Fed talks reduced interest rates.
SHAK adds to gains since we highlighted it on June 26th. This Top Ranked gives its 6th buy signal. Iron Mountain, on a sell signal since 2009(!), broke lower today.
Developed markets are more correlated with oil than Emerging Markets. Russia and Gulf states are not as correlated to oil as many investors think.
Two media companies break out to all new highs. Only one is in a good place for adding to portfolios. Palo Alto Networks looks ready to run. Other stocks present buy signals also.
Lattice Semi, a Top Ranked stock, broke out today. Others also showed strength, but may need to retrace some gains for better entry positions.
A real estate stock looks attractive, having been in a positive trend since 2009. It has a potential 5:1 reward to risk ratio. Bearish trade ideas also in focus include a cruise line and a drug stock.