Pristine Weekend Watchlist 10.15.23
3 A+ Trading Setups
Good afternoon Team!!
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
SOXX semiconductor stocks are the YTD winners, with IGV software stocks, and XLK megacap technology close behind. TAN solar and KRE regional banks are the worst YTD performers.
On the 1-month timeframe, GDX gold miners are the only green group. MSOS cannabis stocks…burned out!
On the 1-week timeframe, GDX gold miners, XLE energy, and ITA aerospace & defense led the market action last week. The geopolitical risk from Israel is being priced into financial markets.
