This market review advises caution due to some recent market volatility and a lack of clear direction. The presenter emphasizes the importance of technical analysis, focusing on clean chart patterns like bases and using volume alongside price movements. They recommend avoiding emotional decisions like chasing prices and instead waiting for good entry points. A key strategy is to manage risk by selling some holdings into strength to lock in profits.
The review goes through various sectors and ETFs, highlighting potential opportunities in areas like gold miners, transportation, and materials, while warning of weakness in others like communication services and large-cap growth.
The overall message is to be cautious and wait for better opportunities, while emphasizing the importance of having the right mindset and avoiding emotional investing.
ETFs on our list: ARKG, ARKK, ARKW, BBH, CLOU, ERX, FDN, FFTY, GDX, GDXJ, GLD, HACK, IBB, IBUY, IGV, IHI, IJH, ITB, IVW, JETS, KRE, MDY, OIH, PSJ, QLD, QQQ, SKYY, SLV, SLX, SMH, SOXL, SPY, SSO, TAN, TNA, USO, XAR, XBI, XEC, XHB, XLB, XLK, XOP, XLC, XLE, XLF, XLI, XLP, XLU, XLY, XME, XRT, and XSW. Scanning these ETFs to uncover strength helps us tune in to specific industry groups and sectors.
The MAXLIST Review analyzes the performance of the following companies: AAPL, AMZN, BABA, BIDU, GOOGL, GS, MA, META, MSFT, NFLX, NVDA, SQ and TSLA. We evaluate their strengths and weaknesses in the market and identify the opportunities and threats they face. The MAXLIST consists of leading and influential businesses that have the potential to generate significant returns
