February 8, 2021
Hey Traders, Chris Vermeulen here with your trader tip of the week. I was on Business First AM with Angela Miles last week and we were looking at the chart for ARKW, a next-generation internet ETF that focuses on innovation and advancements in Cloud Computing, Big Data, the Internet of Things, E-Commerce, Digital Media, and Cryptocurrencies. It was a very exciting chart, being 300% off its March lows. But another chart that did not look as exciting (which is why I like it) is the basing formation in the utility sector ETF XLU. The pattern reminds me of just before the March crash when big money moved into utilities as a defensive play and right before they shot up along with the stock market. Watch my video to learn more.
Click on the image below to watch Chris’s Weekly Trade Idea
join the BAN TRADER PRO NEWSLETTER SERVICE to get tips and training on trading the best Asset now!
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
- European stock markets declined amid rising concerns about an energy crisis May 13, 2026
- USD/JPY Continues to Climb Amid External and Domestic Pressures May 13, 2026
- You can change your emotions – but it’s a 2‑step process that takes some effort May 12, 2026
- The United States rejected Iran’s proposal for resolving the conflict. Oil prices surged again May 12, 2026
- EUR/USD on Edge: Middle East and China in Focus May 12, 2026
- The US stock indices continue to set new records. China’s exports showed a sharp increase May 11, 2026
