More government spending has implications for profiting in the markets. More government spending can make specific sectors extremely good trade setups. On a short-term basis, more money out in the economy can boost specific sectors, such as the retail stocks and the electric vehicle sector. Which ones? That is where simple candlestick scanning techniques allow for the identification of which stocks are going to be greatly affected by more government stimulus. However, the other side of the coin is that more government spending may not be beneficial for reducing inflation. That also creates opportunities to short specific sectors. You may not be able to analyze anticipate which sectors are going to be the strongest bullish or bearish sectors, but simple visual analysis allows the candlestick investor to identify what everybody else thinks will be the strongest bullish or bearish sectors. You do not have to be the analyst. Utilizing candlestick charts constantly puts investors in the high probability trades setups.
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Good Investing,
Stephen Bigalow
