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How to Protect your Wealth by Investing in AI Tech Stocks

Technology & Energy Stocks Sectors Are Hot – Are You Missing Out?

Companies / Tech Stocks Jan 28, 2021 - 01:35 PM GMT

By: Chris_Vermeulen

Companies

We have seen some really big moves in various S&P sectors over the past 60+ days and these trends look like they may continue for a while.  Near the end of 2020, in October and November, the markets seemed to stall a bit before the US elections, but they have really started to trend much higher over the past 60+ days.  Technology and Energy seem to be leading the charge in some respects. The most important thing for traders is to find decent breakout trends in stocks and sectors that have a real potential for strong continued trending.  When we find these types of longer-term trends, we can scale in and out of the typical up/down price trends, over time, to generate some incredible returns.


Technology Heating Up Again

The move in the IXN Global Technology ETF charted below, looks like it is starting to accelerate higher.  It has already moved +17% over the past 60+ days, but there is a real potential that global investors are starting to pile back into technology ahead of the Q4:2020 earnings reports.  This may prove to be one of the hottest sectors in 2021 – so keep an eye on this new breakout rally.

Energy and Exploration Setting Up For Another Move Higher

One of the biggest movers over the past few months has been the recovery of the Oil/Gas/Energy sector after quite a bit of sideways/lower price trending.  You can see from this XOP chart, below, a 44% upside price rally has taken place since early November, and XOP has recently rotated moderately downward – setting up another potential trade setup if this rally continues.  Traders know, the trend if your friend.  Another upside price swing in the XOP, above $72, would suggest this rally mode is continuing.

Recently, we published a research article suggesting a lower US Dollar would prompt major sector rotations in the US and global markets where we highlighted the fact that the Materials, Industrials, Technology, and Discretionary sectors had been the hottest sectors of the past 180 days, but the Energy, Financials, Materials, and Industrials had shown the best strength over the past 90 days. 

Technology, Healthcare, Financials, Energy, Consumer Products/Services, Foreign Markets have all been hot over the past 4+ months, but what is trending right now?  We believe the best performing sectors are likely to be sub-sectors of the SPY and QQQ. My research team and I believe Technology and Energy still have lots of room to run.  Financials could be a big winner too if the recent upside trend continues. We rely on the BAN Hotlist to rank the “Best Assets Now” and tell us when new trade entry triggers are generated.

In short, 2021 is going to be an incredible year for BAN Trader subscribers because of the big trends, high volatility, stimulus, and policies with the Biden administration. The time is now to learn and trade the Best Assets Now Hotlist using our proven sector rotation strategy. Our BAN Trader Pro strategy is proving to be an incredible advancement that allows us to dominate and generate Alpha. We urge you to take advantage of the BAN Trader Pro technology and prepare for the big trends that we expect to continue throughout all of 2021 and into 2022 and beyond.

I am teaching my BAN trading strategy in a 1-hour FREE webinar. The webinar is 100% educational and you will get everything you need to trade my powerful strategy on your own, with no proprietary trading tools or indicators, and with no strings attached. Learn this strategy now and join me in my webinar at https://joinnow.live/s/EPdGTI.

Happy Trading!

Chris Vermeulen
www.TheTechnicalTraders.com

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic

Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better.

His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility.

He is a regular speaker on HoweStreet.com, and the FinancialSurvivorNetwork radio shows. Chris was also featured on the cover of AmalgaTrader Magazine, and contributes articles to several leading financial hubs like MarketOracle.co.uk

Disclaimer: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Technical Traders Ltd., its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including this report, especially if the investment involves a small, thinly-traded company that isn’t well known. Technical Traders Ltd. and the author of this report has been paid by Cardiff Energy Corp. In addition, the author owns shares of Cardiff Energy Corp. and would also benefit from volume and price appreciation of its stock. The information provided here within should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. Technical Traders Ltd. and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. Lastly, the author does not guarantee that any of the companies mentioned in the reports will perform as expected, and any comparisons made to other companies may not be valid or come into effect.

Chris Vermeulen Archive

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