Allison Ostrander, Director of Risk Tolerance at Simpler Trading shares her insights in the the charts of Apple and Gamestop. We also discuss the short positions that entered Apple before the recent earnings report. These shorts are a large contributor to helping drive the stock higher right now. These stocks also tie into the broader retail sector.
A new guest to the show Remi Piet, Senior Director at Americas Market Intelligence (AMI) joins me to share some insights on the environment for mining companies in Latim America. AMI works with a range of mining companies and financial institutions who are operating in or looking to work in Latin America.
Ed Moya, Chief Market Strategist at Oanada is new to the show. In our first interview we discuss why he is still leaning bullish at least int he short term for the US markets. We start off by recapping the current earnings season and look more into what could drive stock higher.
Over the last couple weeks I have received a number of emails and saw the comments asking for more updates on the oil/energy sector. That got me to reach out to Joseph Schachter, Founder of The Schachter Energy Report. We discuss when in 2019 he thinks that the oil sector will start running higher and even shares some stocks that he thinks will be the best picks.
A new guest to the show Jack Roberts if the Options Trading Expert at Simpler Trading. He joins me today to outline why he thinks the US markets still have a good chance to get back to the all times of September of last year. He is not saying that this will be multiple year run higher as there are some key risks in 2020.
Allison Ostrander, Director of Risk Tolerance and Options Trader Specialist at Simpler Trading joins me today to address the move down in the US markets. Right at resistance there are technical reasons for a pullback to happen but there were also news events and data today that was negative. We balance out just how much was news driven and how much is the market remaining in a downtrend.
Danielle Shay (on twitter @traderdanielle), Options and Trading Specialist at Simpler Trading joins me today to share her thoughts on why the news out of Apple this morning regarding lower expected sales in China could just be the start of the rough earnings season. After months of talking about how much China is struggling we could finally be starting to see it trickle into US companies. Starting with the high flaying FA(A)NG stocks that lead the markets higher they are now leading markets into bear territory. Overall it’s all about sentiment and right now the sentiment is short the bounce.
Allison Ostrander, Director of Risk Tolerance at Simpler Trading joins me today to share the key levels she is watching for the S&P. If the S&P can hold the 2,600 level on a weekly chart then it could be set up for a rally. We also discuss the sectors that she think could garner a buy and support the markets moving higher. It’s not the risk-on high flying sectors.