2024年7月2日星期二

Tesla and Tech Are Still Taking the Bulls Higher

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Tuesday, July 2, 2024
 
 

 

Ordinary Guy Banks $1.3 Million

It's incredible what's possible when you really understand the market - especially how to tap it for yourself. You get a virtually unbeatable edge that can help deliver winner after winner. Anyone can do this. Here's how…

 

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Tesla and Tech Are Still Taking the Bulls Higher

By Gianni Di Poce

 

The tech sector, as tracked by the XLK ETF, is up close to 22% over the past six months, beating, by a mile, the 16% gains seen in the S&P 500. 

 

While we've seen some compelling signs that the market is ready for new leadership, tech is still presenting problems for the bears. 

 

That said, I think we're in the sucker phase of the current rally; bandwagoning, not fundamentals, are powering this thing higher. 

 

I need to see participation broaden significantly if I'm to be convinced this is sustainable. 

 

But, for all of that, I'm not ready to switch up to bearish trading strategies yet. There are still breakout setups unfolding, served up on a silver platter. 

 

Let me show you what I mean…

 

 

 

 

Video: Investing in Cyclicals vs. High-Beta Stocks

There are always trade-offs with stocks, always risk. This will help you weigh that risk to make the right move. Watch… 

 

 

Video: Sizing Up the Four-Week Rate of Change

This is a basic, back-of-the-envelope calculation that can help enormously with looking at price action. Watch now…

 

 

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Time to Take Your Financial Future Into Your Own Hands

This is the perfect time to make sure you're up to speed on your trading know-how. Simply standing by passively won't work anymore. So I want to ensure you've read our free Rebel's Guide to Trading Options - it covers all the basics of trading options. Like everything we do, the course is in plain  English. It's specially geared toward beginners but all traders will get something out of it. Yours absolutely free, of course - right here…

 

 

 

 

 

 

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