TRADING TIPS

GS New Buy Signal Today

Hubert Senters here. Let’s take a look at Goldman Sachs today. Now, a lot of the financials are up. But any time you see Goldman Sachs go back above the cloud. There’s just an old saying on Wall Street so goes Goldman so goes the market. That’s not a hundred percent true. It’s an analogy. It’s just a good rule of thumb. But it is important to watch the financials because if the financials are doing good, a lot of other markets will also be doing fairly well. So you do have a one day buy signal here on Goldman Sachs. I’m going to zoom here and you can see we were trading below the cloud. We had one, two, three, four, five days below the cloud. And then today, we gapped up and cruised higher above both the turning line and almost closed above the standard line there. See the lagging line? This little white line. It’s actually above the cloud so that’s a good sign. So the next potential target that you could get on Goldman Sachs would be right up here in the, you know, $244, $245. Take a look. Pay attention to Goldman is doing and it’ll probably push most of the markets a little bit higher. And if you don’t get long some Goldman, you know, potential target of $245 and a stop-loss of $226. Now, last night we had a webinar on The Insider Trading Summit. GotoWebinar will only hold a thousand people. And you may have been one of the hundreds of people that got locked out because there was well over a thousand people more than that that registered for GoToWebinar so we’re going to another one tonight another live one. I think it’s tonight at 8PM EST is what the landing page here. The registration page is Wednesday, September 19th at 8PM EST. If you weren’t able to attend or if you attended and you won’t attend again just don’t log out because you may get locked back out like what happened to you know hundreds of people last night so I’m going to HYPERLINK you to the form. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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