Serge BergerInvestorPlace Contributor
Serge Berger is the Head Trader and Investment Strategist for The Steady Trader.
He has been an active trader since 1998. During his career, he has been a financial analyst, dealt in fixed income instruments at JPMorgan, and was a proprietary trader in equity options and futures. Having exposure to a range of different asset classes allowed him to identify which asset classes and strategies best fit his goal of achieving consistent profits.
Over the years, he created a trading methodology that divides markets into different time frames and characters, allowing him to determine which strategies to apply in which situations without emotion. By focusing on only the highest probability trading setups, Serge maximizes overall profitability and minimizes stress and volatility.
Follow him on Twitter via @SteadyTrader.
Few global assets have performed better over the past twelve months than the price of gold and the GLD etf is setting up for another trading opportunity to the upside.
Banking stocks while bouncing in recent days are still displaying lots of relative weakness. Particularly the regional banking stocks as represented by the KRE etf are looking vulnerable for another leg lower soon.
Oil exploration and production stocks in recent weeks showed remarkable absolute and relative strength. Active investors and traders may look to buy the XOP etf for a trade.
Gold mining stocks have a tailwind one would be wise to respect
The IWM etf has been a relative underperformer versus larger cap etf's for a long time now and this could continue for the time being.
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