Two actionable trades you can take action on right now!

Why I'm bullish on stocks — flat markets be darned! [image] Spotting huge market moves after it's too late? [Discover the Elite Money system — and get ahead of massive market moves BEFORE they happen!]( [image] [image]( Flat markets troubling you? I'll tell you why I'm bullish on stocks right now… The biggest Fed report to focus on… Which sector to focus on right now… Plus two actionable trades with corresponding option strike prices! [Click here to get it all now!]( [image] [image] For today’s Trade of the Day, we will be looking at a daily price chart with the 50-Day Exponential Moving Average (EMA) and 100-Day EMA for Fortinet Inc. (FTNT). The 50-Day EMA and 100-Day EMA are moving average indicator lines that can provide buy and sell signals when used together. When the shorter-term 50-Day EMA crosses above the longer-term 100-Day EMA, this indicates a price uptrend and gives us a buy signal. When the shorter-term 50-Day EMA crosses below the longer-term 100-Day EMA, this indicates a price downtrend and gives us a sell signal. As the chart shows, on December 16th, 2020, the FTNT 50-Day EMA, crossed above the 100-Day EMA, indicating a buy signal. For this kind of crossover to occur, a stock has to be in a strong bullish trend. As you can see, the 50-Day EMA is still above the 100-Day EMA meaning the ‘buy’ signal is still in play. As long as the 50-Day EMA remains above the 100-Day EMA, the stock is more likely to keep trading at new highs and should be purchased. Our initial price target for FTNT stock is 350.00 per share. [image] Alright folks, the ES (S&P 500 futures) is trading 4511. My pivot number is 4509. My short-term target is 4539. As the short-term buy signal I had on Friday played out, it’s easy to see how fast the 3 trillion dollars on the sidelines can go for stocks. However, do not forget that inflation is the number one Achilles heel of our economy, and at some point the feckless Federal Reserve board is going to figure out it’s not transitory. Going forward look for inflationary type stocks, avoid China and avoid bonds. ~ TBUZ [image] [image] Keep an eye on PG (Procter & Gamble). Yesterday’s premarket earnings report included language regarding inflationary and transportation pressures causing the stock to gap down. This Consumer Staples stock has a strong seasonality this week and should be watched to see what the market really thinks about these pressures and for value trading opportunities. [image] "Roger, I just want to tell you personally how pleased I am with you, your hard work for us, and the programs I have the blessing to be a part of. Thank you very much." — Valentin C., a premium subscriber to Roger Scott RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. [Unsubscribe]( DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555