This video highlights some significant developments & divergence between the US stock market & the transportation sector. Both the near-term & intermediate-term outlook for the stock market & the transportation sector are covered in this video. The total run time for the video is 22 minutes however, you have the option to increase the playback speed up to 2x in order to decrease the duration of the video. For those wishing to skip ahead to a analysis of a particular index, sector or time frame, the following are covered in this order: Dow Jones Industrial Average (Dow 30) Dow Jones Transportation [...]
The outlook for the airline sector, $XAL, as well as the individual stocks within that index, many of which appear to be offering very objective trade setups with above average gain potential. Note: If you click the settings icon (cog/gear icon), you have the option to increase the playback speed of the video (1.25x, 1.5x or 2x playback speed), effectively shortening the duration of the video.
Analysis on the railroad sector & several major railroad stocks that look to offer objective trade entries followed by a brief overview of IYT (transportation sector ETF) as well as the trucking sector and $XAL (airline index).
This video provides the outlook for various U.S. & non-U.S. indexes as well as numerous sectors & industries. Highlighted are some of the more bullish & bearish sectors at this time as well as well as a concerning development in which I've noted a recent & clear shift, most likely by institutions (i.e.- the 'smart money') into defensive sectors at the time the broad market is trading near all-time highs. My take on those recent developments are discussed in the second half of the video.
With the broad equity markets still grinding around in a sideways trading range for over 3 months now, the best swing & trend trading opportunities have been trading individual stocks and/or sectors with the most bullish or bearish technicals. This video covers some of the sectors that stand out at this time & I plan to follow up with another video or static charts on the remaining sectors that may offer attractive trading opportunities. The following sector or industry ETFs are covered in this order: IHI, SMH, SOXX, XBI, IYT, $DJUSRR, SEA and $XAL.
Going forward I plan to do a weekly or at least periodic wrap-ups covering any significant market developments, any sectors or trade opportunities that stand out and maybe a quick review of the recently completed trade ideas on the site. This video starts out with a brief summary of the recent performance of US equities followed by the near & intermediate-term outlook, including some near-term support & resistance levels for QQQ, then an overview of a some of the more compelling sectors & wraps up with the recently completed trades (2016). This video runs a bit long (just over 30 minutes) [...]
Following today's breakdown below this uptrend line, SKYW SkyWest Airlines) is poised to continue its descent along with the rest of the airline sector. Horizontal lines mark potential targets/resistance levels. SKYW daily June 8th As I've already recently added seven airline stocks as Active Short Trade ideas, SKYW won't be added as an official trade idea in trying to efficiently manage the trade ideas but I figured that it was worth sharing for those looking to initiate or increase short exposure to the airline sector. As mentioned recently, several of those airline shorts have hit one or more profit [...]