Visibility: Public
Read/Watch Time: 21 minutes (with a nugget)
Thanks for tuning in again for my Markets Update.
I like to look at key markets every morning to get a handle on what is working and what is not working. I only want to own things that are working.
My list includes Crypto like Bitcoin and Ethereum, Oil, Gold, S&P500 (SPY), NASDAQ 100 (QQQ), Russell 2000 (IWM), Bonds (TLT), Interest rates, VIX, VIXN, and others.
Here’s an example: If USOIL is in an uptrend, I will look for an oil/energy ETF that is working like XLE or XOP or OIH. If that looks good, I’ll look for the top holdings of XLE (just Google it) to find stocks that might work.
I also came across a nugget when I was looking for Small Stocks (low prices). This is at the end of the video. Yes, you have to watch until the end.
Feel free to teach this to someone else and thank you for the referrals.
Here is the video link: https://squiggletrader.com/wp-content/uploads/2021/12/Markets-Update-12282021.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.