Don Vandenbord, Senior Portfolio Manager for Revere Asset Management, breaks down recent market action, reviews key index levels, and discusses the charts of 21 leading stocks.
Contact Don to get more info on his trend-following GROTECTION and ROBOTECTION market strategies.
Hunter Mozingo, Research Analyst for Revere Asset Management, breaks down recent market action, reviews key index levels, and discusses charts of interest.
Contact Hunter with questions or feedback.
In this video for educational purposes only, Dan Stewart, Don Vandenbord, Tim Reazor, Hunter Mozingo, and Alex K host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. This week on the show, the guys dig into Celsius, the hot new beverage that may give Monster Energy a run for it’s money, before diving into Travel Stocks, Car Glut, and the Beverage Markets that are worth keeping tabs on.
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0:00 – Intro
4:00 – Buying Celsius
9:00 – The Tick Fade Trade
17:00 – Abnormalities & Apologists
27:00 – Travel Stocks
38:00 – Hunter’s Weekly Update
43:00 – Beverage Markets
49:30 – Alex’s Weekly Update
54:00 – Don’s Chaf of the Week
57:00 – Tim’s 2 “One Last Things”
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As always, if you have any questions or have a topic you would like discussed on the show, or simply want a complimentary portfolio review, reach out to any of us via email: Dan@RevereAsset.com, Tim@RevereAsset.com, Don@RevereAsset.com, Hunter@RevereAsset.com or Alex@RevereAsset.com.
Tim Reazor
Chief Investment Strategist
NorAm Asset Management
Since everyone in financial media will be talking this week about the obvious – I’ll be writing all this week about the not obvious. What good is a newsletter that just parrots what you know? Quick recap…
You know… the Nasdaq is in trouble. It’s below the 50-day simple moving average and most stocks that are perceived to over-priced / over-hyped will most likely capitulate to lower prices. You know that any moves higher are like that second helping of desert you seem to have most nights… you know you shouldn’t, but you can’t help yourself…. Well this week – help yourself – don’t go long the Nasdaq – every time it tries to suck you in tell yourself it’s a trap.
What is not obvious? For two week’s I’ve been talking about the rotation into energy stocks and crude oil ETF’s. This hasn’t been obvious unless you look at the relation of sectors and sub-groups. Where’s the institutional money headed? Oil and gas stocks – the oil and gas exploratory group in particular. Three weeks ago this group was ranked 164 out of 197. This week it’s ranked 45th.
There are several stocks in this group that I’ll be watching this week for our clients here at Noram Asset Management. If I see our signal we’ll start taking pilot positions.
What also may not be obvious is the gold trade. If you read me regularly or have listened to me on the radio you know I’ve been bearish on gold down to $1,288. That changed Friday. Gold looks like $1,288 will hold. I’m not entering the trade just yet. I’m waiting – there may be some more volatility to shake out the weak hands.
I talked about specific stocks and gold levels on this week’s Wall Street Shuffle Radio Show if you’d like to listen – http://www.thewallstreetshuffle.com/category/podcasts/
I also created a short video that talks about the energy trade – http://noramassetmanagement.com/wp-content/uploads/2014/04/Wall-Street-Shuffle-Video-Update-4-5-14.mp4
If you have any questions or want help navigating this market from the team here at NorAm please email me – Tim.Reazor@NorAmAsset.com
If you’d like timely updates to key market levels and trade ideas follow me on twitter. My handle is @TJReazor
Best Regards,
Tim
The information presented is for educational and entertainment purposes only. Opinions and information expressed are based upon information considered reliable. However, factors are constantly changing and should not be relied upon. You need to do and verify your own research.
Moreover, no reader or listener should assume that any information or discussion presented serves as personalized investment advice from NorAm Asset Management, Inc. or from any other investment professional, and is not an offer of solicitation for the sale or purchase of any specific securities, investments, or investment strategies. You need to have your own, individual investment advice suitable for your personal situation.
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