On Monday, markets continued their decline as the trade war between the U.S. and China looms large.
Oil prices gained following a report that suggested OPEC members, along Russia, were discussing a smaller-than-expected production hike ahead of their meeting in Vienna this week.
Jim Cramer: There's Plenty Going Up Away From FAAANG
"FAANG, or FAAANG (add Apple (AAPL) - Get Report and Adobe (ADBE) - Get Report to the A of Amazon (AMZN) - Get Report ), is abhorrent to most money managers who opine on stocks " says TheStreet's Jim Cramer.
"The rap is a simple one: you can't have these stocks lead the market. It's absurd and they have too much market cap when compared to the market capitalization of whole countries. Now I admit it does feel strained to have such a limited number of stocks going higher. But this time I do beg to differ," Cramer writes.
Technical Indicators Hold the Keys to Successful Market Navigation
Real Money Pro columnist Robert Lang notes that "The stock market has been challenging and difficult to navigate of late. A story here, a tweet there can shift any gained momentum into reverse. The drops and pops are often disguised as misdirection, and just when we think there is some potential follow-through on a big day, all of a sudden the markets lose it. It's maddening!"
"Let me tell you," Lang continues, "while technical analysis is not a silver bullet, it certainly provides strong clues and evidence to help one wade through the waters and not get bit by an unseen shark. However, it does take some good understanding, constant learning (repetition), belief in behavioral patterns and identification. But if you're willing to learn, you just might give yourself a chance to stay in the game."
Three Super Momentum Stocks and How to Play Them
"One of the most common mistakes that traders make is underestimating the power of momentum. Strong stocks tend to go much higher than we tend to think is reasonable. We figure this stock has gone up almost 300% in a month, so it is reasonable for it to pull back and rest. Rather than chase it we should just wait for a better entry," according to Real Money columnist James DePorre.
"I've discussed three such super momentum stocks quite a bit recently. The one thing they all have in common is that they are recent China-based IPOs. iQIYI (IQ) - Get Report is often referred to as the Netflix (NFLX) - Get Report of China. Both HUYA (HUYA) - Get Report and Bilibili (BILI) - Get Report are involved in online gaming," says DePorre.
4 Top Experts Tell You How to Play the Market. TheStreet's Scott Gamm recently sat down with top market watchers from Bank of America, Fisher Investments, Invesco and Wells Fargo. Clickhere and register to watch a free roundtable in which they lay out their best advice