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Nasdaq is balancing on edge, and a stock market crash may be around the corner. Very little support below and increased geo-political tension can push the markets over the edge and into a real stock market crash. However, three red weeks in a row and a very negative September statistically give a green week. Will the bear or the bull win this week? Stockinvest.us Co-Founder Jim Stromberg will try to answer this question and give you his trading tips.
Tune in to get complete market insights and know why Norwegian salmon stocks may be the right place to buy now.
This is the week where Nasdaq either will crash or Bounce up as it is testing the 10.600 point support. If broken there will be little to no support below and this may cause mayhem and strong falls, at the same time there is a chance that the Nasdaq will do a double bottom and the strong oversold market will yield a nice bounce-up opportunity. During the week there will be more economical data coming out, but none of these are expected to move the market much. The political landscape is changing as we are heading for a hard winter in Europe and a midterm election in the US. How will these things affect the market and are we finally getting close to the bottom?
Last week's 3 new trading tips were all sold in profit, but Rogers from week #37 was cut by the stop loss. Will we be able to beat the market this week as well?
Tune in to get, not only the trading tips and the market overview for this week, but also some thoughts about what waits ahead.
Youtube version: https://youtu.be/9Y4zi66n7Uc
In this week's podcast, we focus more on how to be successful in red weeks. What are the things you can do and what indicators can you use? Last week's trading tips broke a 17-week long winning streak, as the tips were a bust. However, saved by the stop-loss the losses became marginal and just emphasizes how important it is to use stop-loss. This week we try to hunt bouncers as the risk remains high for further falls.
This and much more are in this week's stock podcast by Jim Stromberg.
Youtube version: https://youtu.be/FB5QZ0jsh-I
The signs and indications are that we are heading for yet a green week, but at the same time, the fun may soon be over. During the week we may celebrate ok inflation numbers from the US, but that may be short-lived as reality is kicking in with increased pace across the world as more businesses worry about the forthcoming winter.
Good gains from last week's trading tips with Nvidia up more than 7%. This week there are nine tips on the table trying to cash in on what may be the last green week for a while.
Tune in for all details.
The stock markets are now way oversold on the relative strength index (RSI), and historically this offers a strong buying opportunity as a re-bounce can be expected. The last time markets were this oversold was at the beginning of the pandemic which was followed by strong gains. As usual, we give some trading tips for the week, a week that may hold some of the answers to what we can expect for the next few months.
Tune in to get the insights and the reasoning why this most likely will be a green week for the markets.
The technical picture indicates that we might soon return back to green markets, but first, we have to face the bad mood from last week and establish a bottom. All the signs are there and it may just be time to place some bets as the next upturn may be a solid one. In this week's podcast, we dive deeper into the expansion and acceleration of the energy crises and how you can take advantage of it. Two brand new trading tips for the week ahead as we continue to do well even in the red markets.
The technical picture indicates one more week of a downturn for Nasdaq which fell by 2.62% last week. The last week's trading tips, however, went all in green. If the success continues this week remains to see, there are 5 trading tips that may go green or red. A few tips and tricks in this week's podcast as well as we are heading for fall and what can be a brutal winter of energy crisis. Tune in to figure out how you can play the market as the recession bear rages and interest rates are on an uptick.
Nasdaq is at the top of the short-term rising trend as well as at the top of the long-term falling trend. What can we expect from the markets this week as the number of buy signals in the markets already are at correction levels? Will the negative long-term trend win, or is there enough momentum in the short-term trend to prevent a new market correction?
Tesla was sold at $893 by trailing stop-loss leaving almost 27% profit. Zomedica is up almost 67% and is still active in the trading portfolio, the same is Chevron which so far is up 15%. This week's gamble is AGTI, MCY, and LMT.
This and much more in this week's podcast!
After some good gains over the last few weeks Nasdaq is now testing the top of the trend and everything points to a week of struggles ahead. In addition to this, a lot of news will hit the market during the week, where the FED decision on Wednesday and the GDP numbers on Thursday are the main items along with quarter results from many of the major stock companies like Meta, Coca Cola, Apple, and Microsoft.
Everything signals a volatile week that in the worst case may end up driven by fear bringing the markets to new lows.
Last week's trading tips Tesla is in good shape, but is the fun over? This and many more questions are answered in this week's stock and crypto podcast.
There is a fair chance for a green week for Nasdaq and money can be made. Last week's trading tips Marathon (MARA) may have a strong week ahead, while Tesla will face the reactions to Quarter results. In this week's podcast, we look at the week ahead, given an insight into how to use the earnings report to better understand a stock's behavior prior to, on, and after releasing quarter results. The trading tips for the week are both in the oil sector, while Zomedica (ZOM) and Tesla (TSLA) still remain open. In the podcast, you will also know how the recent bets in the crypto markets are paying off.
Tune in to get this week's target for Apple, Microsoft, Tesla, Bitcoin, and DogeCoin.
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