Browsing: Greg Guenthner
Greg Guenthner, CMT, is the managing editor of The Rude Awakening. Greg is a member of the Market Technicians Association and holds the Chartered Market Technician designation.
After Monday’s wild ride, the broad market has settled back into a boring “holding” pattern. Greg Guenthner highlights the select market sectors are way out in front for you. These are the places you need to invest in...
Yesterday, I said you could find opportunity in almost every market. What I didn't say was that it might not make any freaking sense at all. For example, Twitter (locked in a downtrend for months) decided to rally nearly 6% on Tuesday. I'm sure that was all about Greece, right? Yeah, sure. Whatever.
Stocks have been choppy all year. After trading in a tight range for weeks, we saw stocks within spitting distance of all-time highs last week. Now, the S&P is in the red for the year. But frankly, it doesn't matter if it's because of Greece or if Saturn's moons are perfectly aligned. We're in the danger zone--and it's time to act.
Averaging down is throwing good money after bad. It's usually a sucker's bet. Instead of improving your situation you're tying up even more money on a losing investment. Using our example, your stock would still need to rise 50% to bring you back to breakeven. The starting line. And that's after you've already doubled-down on your investment...
Health care is big business. Hell, it's the biggest business in this country right now--and it's only getting bigger. Baby boomers are aging at an alarming rate. 10,000 Americans are turning 65 every single day--and will continue to do so for at least the next 15 years.
No way around it, solar is becoming a force to be reckoned with. It's not about whacky environmental types anymore. And it's no longer a foolhardy speculation on Wall Street. Solar firms are growing faster and faster. And investors with the foresight to grab onto this trend (and hold on tight) could mint a fortune.
I just ran a scan for potential short squeeze opportunities--and found almost 200 stocks with abnormally high short interest. That's no surprise in this market environment. As I've been telling you, there aren't a lot of blind bulls left out there--even though the market is near all-time highs.
The S&P 500 is playing catch-up to these early breakouts to start off the week. So it's time to look for the stocks that could make the move from mediocre to market leader. And the best place to look is large-cap tech stocks...
The next time you fear the market's moving against you, take note of what the media and other investors are saying. When everyone moves to one side of the boat, that's usually a good sign that the exact opposite is about to happen.
So we're now in a period of low home ownership, low rental vacancies and high rental rates. That's a perfect environment for homebuilders to start developing new communities again, and I expect to see homebuilder stocks trade higher this summer.