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Money Vikings Investing - Week of 11/13-11/17
In This Issue: Market Report, Finviz/Sector Analysis, Weekly Sentiment Analysis, Got Gold? 5 Reasons to Eat Pomegranates for Health
We are were are coming up on the end of the year and SPY is ascending to new heights not seen since September. Closing over 450 is a bullish sign. We are at an RSI of 69 and that’s considered “overbought”, so we’ll see if we have a pullback or not in the coming weeks. I do hope so because I have the Iron Condor out to December that breached 466 last week. If things don’t change, will probably close sooner than later. The VIX continues to descend to levels not seen since September as well, 13.
Greg & Jerry https://truewealth.moneyvikings.com
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Finviz Heat Map & Market Summaries (Weekly)
Uptrends.ai Trending Stocks
Economic Events & Earnings
Things will be slowing down with a shortened trading week, but watch for new info on Home Sales, Initial Jobless Claims, and PMI. For earnings we have Zoom, Kohls, Lowes, Best Buy, Dicks, and everyone’s favorite… NVDIA! Wednesday we’ll have John Deere. The remainder of the week has a few Chinese companies to watch.
Money Vikings Article: 5 Health Benefits of Pomegranates
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