• Fri. Apr 19th, 2024

Solar, Semis, & Chinese burritos – Momentum Trading with RaginCajun

ByRaginCajun

Jul 23, 2022
Solar, Semis, & Chinese burritos – Momentum Trading with RaginCajun

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Could this be the beginning of a new leg higher? or is there more pain to come in the back half of 2022? Your guess is a good as mine here, as I have struggled durning the first half of the year. My performance has been lackluster, pretty much in-line with the indices and nothing to be proud of.

In the midst of QE tightening, could we finally be carving out a short term bottom? The semiconductor names showing up to the party is a good sign. It’s also good to see China bouncing (BABA +$100), and bitcoin shooting back above 30K. But, in my opinion, i just cant see how we bottom here. Regardless of views, here are some names on my radar today based of scans:

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Image and article originally from ibankcoin.com. Read the original article here.