2,800 on the S&P has long been a resistance point and it's definitely blowing through. He started buying yesterday and will keep picking away, even though markets are a little overbought and many stocks are overvalued. He's picking up resources and materials, stocks that have fallen and are basing, not the stocks that are already rising. Can the S&P sustain 2,850? The market has finally cracked 2,850 after many attempts. It'll probably crack 2,900--and that will be pretty big. Though 2,900 will invite selling pressure, the S&P can continue to be bullish after that.

It has strong seasonality at the start of the year. It's basing now after a nice run then to a sidways pattern. Catch it when it hits the bottom of the range at $4.50. He feels neutral about this.

(A Top Pick Jan 24/19, Up 4%) EMs were shooting up in 2016-2018 and has since fallen hard. The EM is overlooked and oversold now. ZEM has been taking out lows at $18 and $19 and will rise past $21, even $22.

How do you use the RSI indicator? The RSI default is 14 days. You're looking at the speed of movement over a given time period. You want a stock to move up to achieve momentum. Like a baseball, a stock has a maximum acceleration before it slows and moves down. The time frame can vary depending on the type of trader you are.

He tried trading this, but missed it. This is rangebound between $9.75-11.70. Right now it's at the top. Doesn't know if it will break higher. It will break on really exciting news, and volume will give you a clue.

It could hit the low-$70s, at a 70% chance, but doesn't think it will rise beyond that, because long-time holders will take profits. There are lots of if's at play. The chart is merely okay.

Gold itself has been sideways since 2014 which has put a lid on the gold producers. It's essential that gold breaks above $1,365 before the gold producers break through. Until then, gold stocks are sideways.

SLF vs. MFC MFC is the trading stock vs. SLF is the holding stock (more than a year). Long-term, SLF has a smooth chart, and MFC has been jumpy--but you can make money on those big swings.