loader image
WealthPress Logo
WealthPress Logo

Rising Interest Rates Won’t Weaken This HOT Sector

by | Nov 4, 2021 | Market Updates

In Thursday’s stock market recap, we take a look at what the Federal Reserve’s interest rate policy means, how bonds will react over the near term, which index to avoid right now, whether internals are screaming buy or sell, and my top ETF with an option strike price level.

If you’ve been watching my morning videos, then you know I like to combine two of my favorite things into one big-money opportunity every Thursday: ETFs and options.

There’s a reason I focus on specific sectors and ETFs. Depending on a variety of factors — how well the economy is doing, what’s going on in the markets, current events and seasonal trends — some sectors will naturally perform better than others.

We’ll also look at the momentum for a sector or ETF. By identifying sectors that are picking up steam, we can jump on board and capture the bulk of their upward momentum as they take off.

The sector I’m looking at today is the Northshore Global Uranium Mining ETF (NYSEArca: URNM).

I’m looking at uranium mining for several reasons.

One… higher rates aren’t going to affect basic and raw materials at these levels, if at all. We’re seeing a strong trend in this sector.

And two… uranium mining isn’t going anywhere.

The great thing about using options along with ETFs is that this strategy can turn momentum analysis of a specific sector, or even an entire country’s stock market, into an actionable trade with double- or triple-digit upside potential. Far more than investing in the ETF alone.

And in my video below, I’ll give you an option trade to go with it!

Free Access to My Trade Room This Friday!

It starts at 11 a.m. EDT, and I’ll cover:

  • The best stocks to buy with inflation rising.
  • What market internals are pointing to.
  • Which stocks I’d avoid right now.
  • And I’ll answer any questions!

Make sure to save this link and enter before 11 a.m. EDT on Friday!

Click Here to Join!

WRITTEN BY<br>Roger Scott

WRITTEN BY
Roger Scott

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team