If you want to know what's moving markets this week, and how we're thinking about profiting from it, then the Morning Show is for you!
Today's guest is Jay Woods, New York Stock Exchange Floor Governor and Chief Global Strategist at Freedom Capital Markets. He messaged me that he disagrees with my take on the market so we're about to debate LIVE on the show. You're not going to want to miss this one!
Both of these trades are actually very similar in their setups.
They've each been huge winners that have recently pulled back a bit to give us an ideal entry point.
In bull markets, it historically pays better to be a buyer of stocks. The sellers of stocks, and Cash HODLers tend to be penalized for that kind of misbehavior.
The first trade from this week involves Heavy Construction and is a bellwether in the Industrial Sector.
Industrials are the sector that is historically the most correlated with the S&P500 of all the sectors.
So if this bull market is going to continue, as the evidence suggests, then Industrials, and our sector bellwether trade is likely going to do very well for us.
The next one, like the trade above, has been a big winner that has recently pulled back. It's a Materials stocks that focuses more on Metals and Mining.
Look at this huge base in the Metals and Mining Index:
One is in Materials and the other is an Industrial. But the setups are similar. I believe that each of them have over 50% of upside potential over the next several months.
This is the time to profit. Investors are racing to cash, which is the exact opposite of what historically works well in bull markets. We want to take advantage of their mispositioning.
Click here to join ASC Premium and catch up on last week's LIVE Conference Call for the next steps on what we're doing, on both a shorter-term and longer-term time horizon.
I also just dropped 2 new trades for Premium Members and you can get those here.
A few weeks ago I was seeing a lot of chatter about the Santa Claus Rally (or lack thereof) but not nearly enough discussion of The January Trifecta — which alarmed me because The January Trifecta is far more important.
The January Trifecta encompasses the Santa Claus Rally indicator plus two other seasonal patterns. So I knew I had to reach out to Jeff Hirsch, editor of The Stock Trader's Almanac and the savant of seasonality, to give us the lay of the land.
