Post Election Trading

StatsEdgeTrading

What a week! Between the election and FOMC, markets were set up for some big moves, and we’re now seeing how that’s shaking out. As always, I’ll review the weekly candles and analyze price action across sectors, crypto, and key stocks to see what we can expect next.

Key Points:

• Broad Market Trends: With the uncertainty behind us, markets are moving forward, showing strong bullish setups in small and midcaps. This suggests that traders are anticipating favourable rate moves for these sectors.

  

• Crypto Breakouts: Bitcoin finally broke through its cup and handle, with potential to reach new heights if this breakout holds. Solana, Dogecoin, and Ethereum also show promising signs.

  

• Stocks to Watch: Biotech stocks like $XBI look strong for next week. Energy (XLE) and Semiconductors (SMH) are also trending well.

  

• Top Picks for Next Week: I’m watching VERA 0.00%↑ it’s near breakout territory and could perform well if the trend holds. Also, CROX 0.00%↑ is nearing key support levels, suggesting a potential rebound.

At StatsEdge Pro, we monitor these trends closely using algorithmic picks and alerts through our Discord room. Join us for weekly stock picks and insights at StatsEdgeTrading.com.