It’s hardly no surprise that the Russia-Ukraine turmoil is the hottest topic on Wall Street right now…
It’s heartbreaking to hear about it and the people living there.
But… When I sat down to film this video, the Dow started to go up after making a slight lower low on Monday’s open. It’s a positive sign for the overall economy and tells me the markets aren’t as worried as we might think.
So instead of going over some market fundamentals like I usually do, I thought I’d focus on what’s hot and go over some key levels to pay attention to right now… along with six stocks bucking the trend.
6 Stocks Bucking the Trend Amid the Russia-Ukraine Crisis
Before I jump into the six stocks bucking the trend right now, I want to show you something else…
Take a look at this daily chart of the SPDR Dow Jones Industrial Average ETF Trust (NYSEArca: DIA), an ETF that follows the Dow…
As you can see, the DIA opened near the $335 level on Monday.
But then it went on to take out the high…
It looks like DIA is about to start trading above its 50-day moving average if it can just move a little bit higher.
And for those of you wondering, the DIA hasn’t traded below that $355 level since the last time I checked on Monday.
So the $340 level is what investors and traders need to pay attention to because if it goes above that number, it’ll be another positive sign for the economy.
But that’s not the only major figure on my radar right now…
Check out my short video to hear more crucial levels you’ll want to write down on things like the Nasdaq 100, tracked by the Invesco QQQ Trust Series 1 (Nasdaq: QQQ), and S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSEArca: SPY), and get the six stocks bucking the trend right now.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. The heart-wrenching news of the Russia-Ukraine crisis has most traders feeling lost right now…
And the majority will fall to fear and media pressure, which can lead to trade losses and missed opportunities.
But smart investors know with a heavy heart that historical events tend to open up a pullback opportunity soon after the sell-off…
So I’m hosting a live complimentary bootcamp training session at 1 p.m. EST on Tuesday, March 1, to show people how to correctly trade these pullbacks, and I’ll give away six stocks set to come out on top.
