Showing posts from October, 2020

Gold and Airlines: attractive ETFs for next weeks

Gold is very attractive again.
Due to its fundamentals, Gold is a great option for the next weeks, given that its inverse counterpart, the dollar, may continue to weaken due to two certain factors: the approval, increasingly close, of the US stimulus bill and the lower trend in inflation. Its risk is still there and gold can take advantage of that situation until the end of the year.Technically GLD, the gold ETF, presents a very attractive chart, the kind that every trader wants. In the 4-hour price, the price is located in a powerful key zone: on the one hand, a 2-month purple downtrend line with up to 4 touches. Also, its crucial SMA200 average, in light-blue hit on Thursday. And last but not least, its green Fibonacci retracement of 23.6% of its rise since March. Its black EMA50 confirms a bullish bias. Overcoming this zone will be decisive for next bullish behavior, with resistance at the psychological level 2000 of its future /GC. So, as usual, check price action before a trade de…

Only ETFs of my Q4 Long Portfolio

On my Thinkorswim trading platform, I manage several watchlists, differentiating them according to the instruments it contains. There are stocks, futures, ETFs, sectors, and indices watchlists. My different ETFs watchlists usually keep the same symbols in time, diversified by sectors, industries, countries, commodities, both at 1X normal speed and 3X triple speed.  My Indicessectors, and futures watchlists are also fixed, covering the main indexes and commodities from Wall Street and major foreign exchanges, usual symbols well-known by all traders.Those that do change, usually monthly, are the symbols of my Stock Watchlist, stocks which I follow on a daily basis, due to my own research, that consider both fundamental and technical analysis, news topics, or simply popularity. Over time, it appears in the list new stocks, disappear others, according to the importance they are acquiring, in my opinion. 

Q4 Watchlist (Oct-Nov-Dec)
After three months (Feb/Mar/Apr) using hardly my "cor…