Stocks are beginning May with a drop, pulling the Nasdaq-100 back below 14,000. Investors are selling major technology stocks like Apple (AAPL) despite strong earnings last week. There also seem to be growing concerns about inflation as commodity prices spike and the economy reopens. Will those fears growth with major employment reports later this week?
Sarah discusses the current environment with Chris Seifel of Seifel Capital. They consider opportunities based on different time frames and the near-term strength in energy and financials. Chris breaks down the longer-term growth potential in chip-related companies given the shortage in semiconductors.
For more than 30 years, the TradeStation Group companies have been pioneering leaders in the online trading industry, committed to delivering the best trading technology, brokerage services, trading education, and support to individual and institutional traders. YouCanTrade, a TradeStation Group subsidiary, is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations. Click here for more important information.
TradeStation Securities, Inc. provides support and training channels hosted on its affiliate YouCanTrade. Any other services offered/hosted by YouCanTrade are not sponsored, endorsed, sold, or promoted by TradeStation Securities and it makes no representation regarding any YouCanTrade goods or services.