Searching for Growth

Published on
May 24th, 2019
Duration
12 minutes

Searching for Growth

Trade Ideas ·
Featuring Dan Russo

Published on: May 24th, 2019 • Duration: 12 minutes

Dan Russo, CMT, chief market strategist at Chaikin Analytics, doubles down on his slowing-growth thesis and highlights two new ways to play the current environment: Microsoft and American Homes 4 Rent. He examines the Chaikin model and technical setups for both the software and real estate sectors, and discusses key levels for his trades, in this interview with Justine Underhill. Filmed on May 23, 2019.

Comments

Transcript

  • NI
    Nate I.
    26 May 2019 @ 00:13
    I bought AMH at $14 a few years ago and sold half last week. David Singelyn sold 174,734 shares in May. By itself that doesn't prove anything (maybe he needed the money to buy something) but at a minimum I suspect he saw an opportunity to sell for more than the stock was worth. AMH is a great company and I would gladly buy it again when the price is right, but I don't see the company being worth more than $21.50 at this time. If it does run to $30, I will be selling to the new owners.
    • DR
      Dan R. | Contributor
      28 May 2019 @ 10:27
      Thank you for the feedback Nate.
  • DS
    David S.
    25 May 2019 @ 19:00
    The problem in the transportation trade shows how you can be correct on the thesis, but lose with an ETF. If you would have made your own small basket of trucking stocks, your thesis would have played out. This is totally in hindsight, but the whole or a majority of the ETF needs to fit the thesis. This is not a criticism, just a comment. DLS
    • DR
      Dan R. | Contributor
      28 May 2019 @ 10:27
      Thanks for the feedback David. Great points!
  • SC
    Stephan C.
    24 May 2019 @ 18:49
    Great analysis- also nice to finally see a postmortem on previous trade ideas, helps complete the story.
    • DR
      Dan R. | Contributor
      28 May 2019 @ 10:27
      Thank you for the feedback!
  • ns
    niall s.
    24 May 2019 @ 11:00
    Good stuff well articulated and clear as a bell.
    • DR
      Dan R. | Contributor
      24 May 2019 @ 17:13
      Thank you Niall
    • CC
      CHRISTOPHER C.
      24 May 2019 @ 19:12
      Well done, Dan. Hope to see more of you on Real Vision.
    • MB
      Mo B.
      25 May 2019 @ 21:24
      I 2nd Niall. Nice job Dan.