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#19/2023 Mini Rally On Nasdaq?

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Content provided by Jim Stromberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Stromberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The charts indicate a possible mini rally on Nasdaq this week, but it will all come down to the fuzz and reports around the US debt ceiling. Getting into Nvidia last week was a good call, and Tesla, as mentioned in the podcast on week 17th, did precisely as expected. With little resistance above, Tesla is poised for a further upturn in the short term.

The favorite commodity, gold, continues to do good, but Jim believes there might be more upside in other commodities as well as the armor race is on.

Playing it safe, trading stocks with good liquidity and low RSI, or going for oil or recession-proof stocks is still the best strategy to minimize the risk. This and much more are in this week's podcast!

  continue reading

203 episoade

Artwork
iconDistribuie
 
Manage episode 362722735 series 3241853
Content provided by Jim Stromberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Stromberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

The charts indicate a possible mini rally on Nasdaq this week, but it will all come down to the fuzz and reports around the US debt ceiling. Getting into Nvidia last week was a good call, and Tesla, as mentioned in the podcast on week 17th, did precisely as expected. With little resistance above, Tesla is poised for a further upturn in the short term.

The favorite commodity, gold, continues to do good, but Jim believes there might be more upside in other commodities as well as the armor race is on.

Playing it safe, trading stocks with good liquidity and low RSI, or going for oil or recession-proof stocks is still the best strategy to minimize the risk. This and much more are in this week's podcast!

  continue reading

203 episoade

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