Over the past several weeks, REITs have been showing up on my screens where institutional buying has been occurring. STORE Capital Corp. was extended above its buy point, but it has come down in recent days and it is sitting in a buying area. Let’s see if institutions keep buying this REIT and provide it …
This stock chart shows how the stock reached its breakout point last week before the market turned. The overall stock market has been under selling pressure for five straight days. This is a good time to be sitting in cash and waiting for the right opportunity.
The Nasdaq had an interesting week. The chart pattern shows a jump off the bottom and the a follow through day. You can trade this chart, but it would be very difficult. The stock market still has a lot of uncertainty and volatility. Will the tech analysis show the pull back on Thursday and Friday …
