by MarketArmor | Feb 26, 2021 | Trade Ideas
SQ Chart by TradingView Markets are a chaotic mess at the moment. All thanks to the 10-year Treasury, which raises the fear of inflation, which raises the fear the Fed may have to raise interest rates. It’s why markets have gone a bit nuts this week. However, despite...
by MarketArmor | Feb 25, 2021 | Trade Ideas
DIA Chart by TradingView There’s a good deal of fear in the markets at the moment. All as the 10-year yield rises to a one-year high of 1.49%. Investors fear it could be driven by inflationary risks, rather than economic recovery. With markets already starting to melt...
by MarketArmor | Feb 24, 2021 | Trade Ideas
ALB Chart by TradingView One of my favorite lithium stocks appears to have bottomed out. After dropping from $188 to $140, Albemarle (ALB) is bouncing off double bottom support. It’s also a bit oversold on RSI, MACD, and Williams’ %R. In addition, ALB could run higher...
by MarketArmor | Feb 23, 2021 | Trade Ideas
MARA Chart by TradingView Cryptocurrency investors aren’t too happy with Janet Yellen. After watching Bitcoin explode to a high of $47,317, the Treasury Secretary said that Bitcoin “is an extremely inefficient way of conducting transactions,” as quoted by CNN....
by MarketArmor | Feb 22, 2021 | Trade Ideas
FLR Chart by TradingView After gapping from $20.50 to $16.41, Fluor Corp. (FLR) is beginning to pivot higher from triple bottom support. Near-term, we’d like to see a near-term test of its prior high just above $20. Longer-term, if FLR can break above Sept. 2020...
