All Eyes On Energy

Energy Stocks

With the Energy stocks beaten up so much last week, I wouldn’t be surprised if we see a little bump back up this week.

I have an idea for an Energy trade.

All Eyes On Energy

June 21st, 2022 All Eyes On Energy I hope everyone enjoyed a day away from thinking about the markets.  Especially now, it’s important to step away and clear your head and get prepared for whatever the market throws our way next.     Let’s start off by getting ready for the week ahead.   Tuesday – […]

Shake Out Or Another Leg Down?

Get Today’s Trade Idea

We’re going to stick with point-and-figure charts today. The energy sector has been red hot but has lost some ground over the last few days. Oil and Gas companies could be negatively affected by a slowing global economy.

Shake Out Or Another Leg Down?

June 17th, 2022 Shake Out Or Another Leg Down? I’ll start off with a couple of special notes.   Monday: Markets are closed in observance of the Juneteenth holiday.     As a result, the next Filthy Rich, Dirt Poor Live stream is on Monday, June 27th at 9 am EST.   The jobless claims came […]

5 Things You Need to Know About Fed’s Biggest Rate Hike In Decades

June 16th, 2022 5 Things You Need to Know About Fed’s Biggest Rate Hike In Decades The Fed got aggressive and announced a 75 basis point increase in interest rates and the market reacted positively, with the Dow up over 400 points at one point in the day.  We’ve been through this before though and […]

Is Zoom a Buy or Sell Right Now?

zoom (ZM)

Zoom has become so part of our vernacular, that people use it as a verb. Sort of like how people ask for a Kleenex, even though that’s just a name brand of facial tissue. So if everyone is still Zooming, at home, at work, and at school, why has the stock been falling?

Is Zoom a Buy or Sell Right Now?

June 15th, 2022 Is Zoom a Buy or Sell Right Now? Zoom was a pandemic favorite as schools and businesses sheltered in place and began a new phase of life.  Now that the economy normalizes, is there still a place for Zoom (ZM)?   Along with the growth stocks of the pandemic, Zoom has been […]

Timing The Bottom

discretionary spending

Keep reading to see if discretionary spending and the price of oil are correlated and if we can pick a market bottom.

Timing The Bottom

June 14th, 2022 Timing The Bottom If the last three days haven’t been tough enough on investors, we have a new week with new reports you should be aware of.  So without further ado, let’s get started.   Tuesday – PPI Demand.  This is the Producers Price Index, which measures the price changes for goods, […]