The S&P hitting 3,000. Back in March, 2019, I discussed the behavior of the market leaders, particularly Microsoft and the cloud computing industry, and noted that since those leaders were continuing to push higher — the market would as well. I called a $3,000 price target for the S&P, with Microsoft leading the way… and … Read more
Space Exploration in Focus In this episode of “News Views Hughes,” with Anchor Scottie Nell Hughes, I discussed the implications of Richard Branson’s Virgin Galactic going public later on this year for investors in the stock market. Space exploration’s currently a billionaires playground, with Jeff Bezos, Richard Branson, and Elon Musk powering space exploration companies. … Read more
Now, of course, if you haven’t guessed already, I’ve never been one to follow the path of ‘what you’re supposed to do.’ I suppose I did — at one point. I got straight A’s, I went to the best university in my state where I studied international law and human rights, with the goal of … Read more
As we wrap-up the 4th of July weekend, a main theme that’s always around this holiday (and really the reason we celebrate it to begin with) is freedom. I’m so thankful to live in a country where we have this type of freedom to pursue dreams we couldn’t otherwise, and to help others pursue their … Read more
Now, no one’s calling it a debt bubble — yet. Probably because it hasn’t burst. But, we are. Why? We’re looking at the signs and remembering 2007 with the subprime mortgage crisis. It was caused by lenders giving out loans to people who really shouldn’t have qualified, and then, when they got too stretched, they … Read more
IF we get a pullback. Here’s where I’m at today. On a long term basis, I’m bullish this market. The force in which it rallied off of the June 3rd low, lead by market leaders MSFT, ADBE, AMZN. As well as, Phoenix industry groups, the cloud kings, cyber security, and credit card companies, show me … Read more
To Help You Achieve Your Goals: A Trader’s Journey It was six years ago that I first began my trading journey — when did you begin yours? I’ve always loved to learn. Even as a child, I was never satisfied with average. I always wanted more. But I wouldn’t have been able to achieve this … Read more
The S&P made new, all-time highs today, and it’s shown its resilience and strength as it catapulted off of the June 3rd lows. The manner in which it traded through overhead resistance, at the 8, 21, and 34 EMAs, and then broke and closed above the 50 SMA, was indicative of how strong the rally … Read more
As I’ve now updated my Phoenix system The last two weeks, I’ve been travelling and sharing my love of trading. I went to New York City, and now I’m currently in Seattle, as I just wrapped up The MoneyShow here. So I just wanted to take a moment to say ‘thanks’, and to include my … Read more
What about the Canary? Remember in the last episode, where we discussed the short squeeze I was waiting for, along with three potential, macro, bullish catalysts? Those three catalysts being: 1) a resolution of the trade war with China without further escalation, 2) threats against Mexico not coming to fruition, and 3) a rate cut … Read more