Key Takeaway: That investors are in a dour mood is not in doubt. We just saw the fewest bulls on the AAII survey since 1992 and the University of Michigan Consumer Sentiment Index is about...
In a tape as messy is this, it pays to be patient and only focus on A+ setups.
The names emerging from bases on solid volume are the ones you want to lean on. By slinging names in messy ranges, you'd only be asking to get whipsawed.
We alluded to the strong move that we're observing in the Fertilizers and Chemicals space. Today we're here to take a look at one such stock that just broke out above its resistance and looks good to go!
We retired our "Five Bull Market Barometers" in 2020 to make room for a new weekly post that's focused on the three most important charts for the week ahead.
Energy names have been working for us. So there's no reason to turn off the spigot just yet. Of course, mindful of our exposure in energy-related sectors already, I want to try to keep any additional risk exposure as limited as possible.
