Trading Tips With Jim Stromberg

Meta cut by stop-loss last week and is now out of the portfolio after yielding 62% profit! The current overbought status of the US market and stocks suggests a correction is on the horizon, so we're shifting our focus to safer investments in oil and gold. The recent strong job numbers have raised questions about the future of interest rates, with Fed Chair Powell's sitdown on Tuesday being closely watched. Will the Fed keep the interest rate at its current level or will the strong job numbers push for a rate hike and potentially hurt the stock market? Tune in to find out!

Can the markets push higher as Nasdaq now has the highest RSI14 and 21 since the last major falls more than a year ago, or will there be a natural correction? This week will be filled with quarter results, and Wednesday, Powell will give the FED decision on the interest rates and the expectation forwards. Volatility should rage the markets this week, as the bear and the bull again will fight for territory after a strong January coming to an end.  Meta had a strong week in the trading portfolio last week and is now up almost 32%. Jim continues to reduce the overall exposure in the trading portfolio as he aims to use the potential correction to get better positions. 

Tune in for this weeks stock podcast: Trading Tips With Jim

This trading week will be filled with quarter results as Nasdaq flirts in overbought territory. A mix that potentially leads to a very red market or sparks more upturns as volatility again is to hit the markets. Jim's trading tips portfolio is unchanged this week as none of the stocks were taken out by stop-loss last week. Meta is now up almost 21%, while Occidental is up close to 11%. Wild card Zomedica is back in green, and the streak may continue this week. 

Tune in to know why Jim believes the market will turn red and why he thinks it is time to start picking EVs again if that happens. 

As the elite gathers in Davos to discuss global issues, the market may experience a rough week. But don't let that discourage you! A market dip can be a prime opportunity to invest. Tune in to our stock podcast with Jim to discover how understanding trading volume can give you an edge and avoid costly mistakes. Plus, get this week's top trading candidates and insight on what's ahead for investors in the market

In this week's podcast, Jim focuses on the week ahead and reveals some events that will affect the trading week. Last week's trading tips saw some significant moves: FATE went down 57%, and Mullen and ZOM went into a rally. Meta continued the upturn, while the newcomer Occidental Petroleum (OXY) was a good choice. In this week's podcast, Jim argues why he thinks Tesla may be a good choice at current levels.  

Tune in for the market insights ahead and this week's trading tips.

In this week's podcast, Trading Tips With Jim Stromberg, he reveals some of his 2023 predictions and explains where he thinks the good bets for the year will be. He also gives some insights into the critical topics of inflation and recession and how these will play out during the year. In this extra-long podcast, you will get a summary of the trades made in 2022 and, of course, get the first set of stock tips for the very first week of 2023. 

The final trading week of 2022 is here, and hopefully, it will end on a better note as a challenging trading year ends. In this last trading tips podcast for 2022, we found some candidates that might do good and described how to find more candidates that generally should have a re-bounce this week. Last week's picks are still open in the trading tip portfolio after some gains and losses.  This is a shorter podcast recorded while on travel, and we apologize in advance for the lousy sound quality. 

In this week's trading podcast with Jim Stromberg, we are taking a small gamble on a solid final as we put the bets on some high-risk stocks. After a strong year with substantial profits, the stake falls on highly beaten stocks to make a last-minute recovery as 2022 is fading away. Not only do we gamble high this week, but we also try to take a quick look into 2023 to prepare for what will be a true challenge. 

Oil, energy, and recession-tolerant stocks are where you might want your money, as the economic winter will bring several economies to their knees!

We are getting to the end of the trading year; statistically, this proves to be one of the better parts of the year. With a new week of heavy fundamental data, like CPI and Fed decision, the road ahead can go both ways. Will the statistics be right or wrong? After betting on a red week last week, where Nasdaq lost almost 4%, Jim is betting on a green week this week, with the potential of an end-of-the-year rally brewing. Last week's trading tips didn't yield green, and the portfolio had to take a loss like the rest of the market. Will this week's tips get the trading tips back on the green streak track as Chevron (CVX) is being added to the portfolio, and NIO inc (NIO) remains active?

In this week's episode of trading tips with Jim Stromberg, he shares some of his insights and expectations for the next few months ahead of us. Cold is creeping in from the north over Europe over the next few weeks, and the oil cap on Russian oil may be the one ignitor to push oil and energy into a final rally. A good portfolio should reflect all eventualities, and getting an idea of what awaits is crucial for anyone playing the markets. 

Xpeng [XPEV] rallied last week, netting more than 65% profit. In this week's trading tips, Jim aims to get NIO and argue why EVs are a good choice.

All above and much more in this week's episode of Trading Tips With Jim Stromberg.