The first video below provides a brief update on QQQ, SOXX, & XSD, followed by swing trade ideas on various stocks & sectors, including an update on the Homebuilders, followed by the Specialty Finance sector & several mortgage originators such as RKT, UWMC, PFSI, & LDI.
YouTube link: https://youtu.be/3gOd5vd4tMo
Please note: I will be out of town tomorrow (Friday), returning to my desk after the 3-day holiday weekend (US stock market is closed Monday) & will reply to any questions or chart requests when I return.
Here’s a link to the other video I did today, which provides more of a longer-term outlook on the US stock market & economy, along with several current & potential future developments to watch for using both technical analysis (i.e., charts) as well as fundamental analysis, for those interested.
YouTube link to second video: https://youtu.be/_TjFNoUNKsQ
Why a ‘meaningful’ selloff for stocks is needed to bring down bond yields
https://www.marketwatch.com/story/why-a-meaningful-selloff-for-stocks-is-needed-to-bring-down-bond-yields-c03b2d37