Technical analysis highlighting potential swing trading setups including some growth & income trade ideas that stand out at this time. The following securities are covered in this order: TSLA, AOI, LCI, BKEP, PBYI, SAFM, SBGL, PEI, GME, TSM, CNO, NWL, ALK, PIR, ITW, ORA, MO, NAIL, XHB, ITB, HD, LOW, [...]
The ITB (US Home Construction ETF) short trade has hit the sole price target, T1 at 41.86, for a quick (6 trading sessions) gain of 7%. As my expectation is for a decent bounce off this level next week, I have decided not to add any additional price targets at [...]
The video provides an update on all six of the official active trade ideas on Right Side Of The Chart at this time. Covered in the following order are: CORN, D, ENDP, ITB, OSTK, SOXX & XLE.
Here are a few of my top picks for sector ETFs right now that appear to offer some of the best risk-to-reward profiles at this time. Holding exchange traded products (ETFs & ETNs) vs. individual stocks during earnings season helps to mitigate the risk of being caught on the wrong [...]
Technical analysis on ITB (Home Construction ETF) along with 14 of my top trade ideas in the homebuilding & construction sector. The following ETF & stocks are covered in this order: ITB, SHW, DHI, NVR, OC, LEN, PHM, LII, TOL, CAA, KBH, TPH, MTH, LGIH & MHO. Playback speed can [...]
ITB (iShares Dow Jones US Home Construction Index Fund ETF) offers an objective short entry on today's breakdown below the bearish rising wedge pattern with a stop above the recent high of 46.56. The sole price target at this time is T1 at 41.86 with the potential for additional targets, [...]
An update on XHB (homebuilders ETF) and some of my favorite trade ideas in the sector at this time.
Analysis of the Homebuilders ETF, XHB, along with several leading homebuilding stocks & related companies such as DHI (D.R. Horton), LEN (Lennar Corp), NVR (NVR Inc), OC (Owens Corning), PHM (Pulte Homes) & TOL (Toll Brothers).
This video starts out highlighting the very tight correlation between homebuilding stocks & timber prices followed by analysis on the homebuilder ETFs (XHB & ITB) and several individual homebuilder stocks that appear to be setting up as promising swing trades. Several of the setups in this video will be added [...]