Author: Scott Welsh

The Fed couldn’t do enough to stave off a regional bank onslaught.

And this is why the market’s been in such a constrictive channel. With the SPDR S&P 500 ETF Trust (SPY) as a proxy, if the market gets bullish, it stops and turns around at $416 level. There just isn’t enough good news to push it through.

The Internet Content group is one of the top ten hottest sectors right now and PINS is very close to breaking out. 

Some traders are great at buying no-name stocks way down in price and love holding them until they’re profitable. They have no problem waiting years.

But dealing with a stock that’s a rocket ship from the get-go can drive those traders mad. They have no idea what to do with a big winner. Sell now? Buy more on a pull-back? It can keep them up at night.

Overall Gaming and Leisure is hot – one of the top 15 hottest sectors right now.