ARETE TUESDAY NEWSLETTER

Major moves and muted enthusiasms Perfect combination

We have major buying across the board in the beaten down names such as $OSTK $FUBO $ZM on the heels of pessimistic sentiment. We are at the point in the cycle where the majority of the population does not believe the rally and think we are in a “bubble”. Bubble is the most over used term in the description of the markets. Here is what we know. There is no other asset class that will outperform and provide liquidity like common stocks.With the inflation risk and massive stimulus bill we are setting up for a much longer run then is being anticipated.Massive amounts of money have been pouring into semis and biotech for weeks now and that move will be the driving force for some time. Specifically start looking into genomic stocks.

In regard to the indexes,all look great and our respecting the averages as well as the trends. The $IWM is at the top of the channel.The $SPY is consolidating and we expect this to be muted.The $QQQ are setting up a small wedge for a major push. Consider looking at $TQQQ

Lets get to the Indexes !

Lets look at our stocks.

Subscribe to You Tube! 👈 Make sure you turn on notifications. There were several ideas in the one posted today. $FUBO $TIGR It’s worth the time to commit to it.

As always all investment decisions need to be made by the individual.We all have different risk profiles.No two people trade the same. Please make sure you follow @Aretetrading on Twitter and turn on notifications.There are times my updates are timely in regard to the Newsletter.

*For example there were three entries given on $FUBO today.

If you do not see a position and have questions please message me.Thank you again for all the messages telling me how this Newsletter helped your performance or made you better.

2021 off to a Great start !