Are you an investor who wants to beat the market and also lower your risk?
If you do, look at money flows — they give you an edge. Technology stocks are the leaders in this “up” leg in the stock market. Let’s review money flows in 11 popular technology stocks with the help of a chart.
Please click here and note the following:
• When taken in totality, money flows are the most positive since January 2018.
• Positive money flows are good for stocks until they reach very high levels. Money flows in popular tech stocks have reached very high levels quickly.… Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
AT&T (T) is long from $32.40. AT&T stock is trading at $33.85 as of this writing.
A major risk event is ahead. T wants to buy Time Warner (TWX), the parent company of CNN among others. The Justice Department has challenged the buyout in court. The court will render its decision on June 12. The probability is about 70% that the Justice Department will lose. However, court decisions are extremely difficult to call.
If the court rejects the challenge, T has the potential to move up to $38 to $41.