TRADING TIPS

CAT Buy It on a Pullback

Hubert Senters here. Let’s take a look at Caterpillar so we’re right in the middle of April and usually the old attage on Wall Street is selling in May and go away because it’s usually how it works. It’s not always. Sometimes summers are really strong and volatile and you can make some money on. But a lot of summers are just kind of dead. So in order to do that you’ll throw your money in something that will give you potentially give you a little bit of cash flow but may not make you a ton because you’re kind of hedging against your overall portfolio so. Here’s one of those things that you might want to take a look at. Caterpillar huge massive uptrend. You can see since May of last year. Just a solid uptrend even through covid. This thing has been pretty solid. I mean it did selloff back in here back on a covid happened but it’s been digging and making new highs. It looks really good. The cool thing about it is or the interesting thing is now the ADX has dropped slightly below $20. So that’s going to let this thing drift around a little bit and potentially give you a little pullback to maybe the $226 area and you might even have an opportunity to buy it around $221 or slightly lower. So I would add Caterpillar to your watch list for a potential long because you might get a pullback because the ADX is dropping telling you it’s not in a trending environment anymore. It’s a non trending which means it will be choppy which means it will drift up and down. They’ll give you an opportunity to get in there with a little bit of a discount. I’m going to be doing a special live webinar on how to potentially make a $1,000 or more by risking only $156.25. That will be Wednesday, April 14th which I believe it’s tonight at 8PM. If you’re interested come to the webinar. Heads up, there’s a lot of people signed up for. A lot of people being get locked out of it because probably we’ve been doing multiple webinars. Click REGISTER MY SPOT NOW. First name, email address, mobile telephone number is optional only if you want me to call you an hour before and 15 minutes before and text you and go heads up the webinar that you signed up for that’s tonight at 8PM. Good luck. Hope it helps. See you on the next video. Hubert.

1 Comment

  1. Robert a Pajak

    I am trying to duplicate chart on Think or Swim

    1. What are parameters for ADX 14? 20? for use on Think or swim.

    2. What are the parameters for cloud to be on think or swim What is the cloud suppose to tell?

    Reply

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