The market finally succumbed to some selling. However, it remains to be seen if bears can capitalize. The bulls are still the bully here… that is, until the bears can create more technical damage.
The stock market is likely trying to price in a couple of important events on the horizon:
- The upcoming Federal Reserve meeting and
- The BREXIT vote
It remains to be seen if either will matter, but the financial markets continue to trade all over the place. Utilities recent push higher has been impressive, and Gold and Crude Oil prices are battling interesting levels. We should know more soon.
This week’s “Top Trading Links” is stacked with great insights to help us navigate our way through the noise. Enjoy.
MARKET INSIGHTS
How to improve your trading – Pradeep Bonde
Biotech Stocks are trading at a key price level – Dana Lyons
Saudi Arabia and the oil trade – David Merkel
Utilities are overdue for a ‘major correction’ – James Bartelloni
Labor market momentum fades as hiring cools down – Willie Delwiche
Goods Deflation is good – Ed Yardeni
Tableau Software is too cheap – Joe Kunkle
Is the RBOB rally running out of gas – Tom Bruni
Video: The current state of options market indicators – Larry McMillan
NEWS & OTHER RESEARCH
Mutual Funds are NOT facing extinction – FMD Capital Management
Expect more REIT consolidation – S&P Capital IQ
The Put into Perspective letter is a great monthly read – Skenderbeg
The HTC Vive V/R headset is rolling out – VentureBeat
Larry Page is betting on flying cars – Bloomberg
Apple is making so much clean energy, it formed a new company to sell it – The Verge
Donald Trump is following a trail blazed by …Henry Ford – Priceonomics
Nothing beats bad feedback – Fast Company
Thanks for reading and be sure to tune in next weekend for another round of “Top Trading Links”.
Twitter: @ATMcharts
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
