Trade of the Week
ETF Sector Corner: China Internet Group Outperformance Standing Out
KraneShares CSI China Internet ETF- The only ETF on the market that offers pureplay exposure to Chinese software and information technology stocks that are China’s answer to U.S. firms like Amazon and Facebook. KWEB’s portfolio is dominated by well-known large-cap...
Bull Put Spreads in Payments Leader Retesting Long Term Support
Mastercard (MA) has pulled back to the 2022 yearly VWAP and monthly POC support at 345 and has a confluence of large supports near here into the 340 level with both the 55 EMA and 200 EMA while lower edge of new monthly value is 340 so an ideal time to sell a bull put...
Relative Strength Industrial Setting Up Quick Breakout
Seasonal Stock Setup: Agriculture Originator Setting Up Strong into January
Archer Daniels Midland (ADM) has a strong seasonal history in January with 6 of the last 10 years higher in January for an average return of +5.4% in the most recent 5-year window which follows December’s average returns of +2.2%. The only month stronger than January...
ETF Sector Corner: Silver Mining Group Forming Bullish Pattern into Seasonal Strength
Global X Silver Miners ETF- This ETF gives investors an opportunity to achieve exposure to silver without holding the physical metal or encountering the nuances of a futures-based strategy. For investors looking to bet on increased demand for a raw material used...
Bull Put Spreads in Home Improvement Leader Seeing Relative Strength
Home Depot (HD) has pulled back to the monthly POC support at 312 and has a confluence of large supports just below here into the 300 level with both the 55 EMA and 200 EMA as well as the YTD VWAP at 307 while lower edge of monthly value is 299.63 so after a quick 10%...
Relative Strength Retailer Sets Up Quick Breakout
Seasonal Stock Setup: Medical Device Developer Trending into Strong Seasonal Period
Boston Scientific (BSX) has a strong seasonal history in December and January with 7 of the last 10 years higher in January for an average return of +7.2% in that 10-year window which follows December’s average returns of +2.2%. January has been the strongest calendar...
ETF Sector Corner: Energy Group Putting in Double Top into Seasonal Headwinds
SPDR S&P Oil & Gas Exploration & Production ETF (XOP) - This ETF offers exposure to the exploration and production sub-sector of the domestic energy market, making it a potentially useful tool for those looking to target stocks of companies responsible for...
Bull Put Spreads in High Growth Software Name Basing Near Support
Datadog (DDOG) has pulled back to the yearly value area low from 2021 recently and bounced off that 70 level showing support and now has been basing in a range the past month as the stock saw a bullish 8/21 EMA cross last week and retested the 8 EMA Friday as it...