Is HYG undervalued? This sort of setup suggests potential upside... check out awesomeS-TOCKS, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
5% yield?? Doesn't this normally have 7-8%%%....seems extremely EXPENSIVE!!!!!!!!!
What's going on today?
So sad that these "conversation" boards are just Pump and dump one-liners from bottom feeding #$%$.
Did anyone else see $HYG report from http://monstatrader.com/?s=HYG ? It had some interesting information. Hutchins' law: you can't out-talk a man who knows what he's talking about. Trading stocks day trading.
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HYG, looks to be overvalued at this price as a result of relative strngth index 64.47. I think its time for me to act upon this - let me check this out with lions_tackAlerts - they have helped me previously as well.
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HYG is the most obvious short under current market conditions for the simple reason that junk, despite the attractive yield, is still junk. Default risks in high yield debt will increase exponentially in 2017. Once Trump must exit from behind the curtain, his nudity will be appalling. I see very little downside risk in a HYG short position, and we will break decisively below the 2016 low.
HYG Chart Breakout - video at STOCKTRADEVIDEO (Google them)
$ARTH looks like it could be ready to rally today. Recent news has really put this biotech in the spotlight. Check it out
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UBIQ is way oversold and could be ready to bounce now!
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PVHO deserves to be on your watchlist. Intel just wrote a whole whitepaper about the company and they have 3d hologram ad units in rite aids and other major stores. This “cheap stock” could be way undervalued
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Potential Swing Failure - Video at STOCKTRADEVIDEO (Google them) - HYG