EPISODE · Feb 27, 2023 · 35 MIN
#09/23 - Trading Back Into Chevron As Nasdaq Test The Support
from Trading Tips With Jim Stromberg · host Jim Stromberg
This week will strongly indicate what awaits the markets forward as Nasdaq tests the support from the middle of the trend while being low on the relative strength index. To reduce the risk and still have some potential good upside, this week's bet lands on Chevron [CVX]. Last week's gamble into Northrop [NOC] as a stronghold did the job as Nasdaq fell more than -3% last week. This week's trading portfolio is a good mix as both Lumen Technologies [LUMN], and Zomedica [ZOM] cover the high-risk segment. In this week's podcast, Jim explains how to play the market weekly using weights on the bets placed.
What this episode covers
This week will strongly indicate what awaits the markets forward as Nasdaq tests the support from the middle of the trend while being low on the relative strength index. To reduce the risk and still have some potential good upside, this week's bet lands on Chevron [CVX]. Last week's gamble into Northrop [NOC] as a stronghold did the job as Nasdaq fell more than -3% last week. This week's trading portfolio is a good mix as both Lumen Technologies [LUMN], and Zomedica [ZOM] cover the high-risk segment. In this week's podcast, Jim explains how to play the market weekly using weights on the bets placed.
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#09/23 - Trading Back Into Chevron As Nasdaq Test The Support
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