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Live Stock Market Trading & Analysis with D.R. Barton, Jr.
The Latest: Monday, June 8
- D.R. expects a brief market pullback will come
- But he doesn’t think it’s going to last long and will instead be another buying opportunity for investors.
- He likes utilities companies today because
interest rates are still historically low and expected to stay lower for
longer. Two of his favorite utility stocks today are:
- Southern Co. (NYSE: SO) and the American Water Works Company Inc. (NYSE: AWK).
- D.R. also likes the financials because they had
been beaten up so badly through the depths of the coronavirus lockdown.
- Now, he expects them to revert to the mean and catch a bid as technology stocks turn over after a strong rally these last couple months.
- There are two tech leaders that D.R. doesn’t
expect to slow down anytime soon, however. They are Amazon.com Inc. (NASDAQ: AMZN)
and Microsoft Corp. (NASDAQ: MSFT).
- He likes Amazon because of its upcoming healthcare venture with J.P Morgan Chase & Co. (NYSE: JPM) and Berkshire Hathaway Inc. (NYSE: BRK.A).
- And he likes Microsoft because the release of its newest Xbox gaming console is still on track for the upcoming holiday season.
More from D.R.
About D.R. Barton, Jr.
D.R. Barton, Jr. is a world-renowned authority on technical trading with 25 years of experience.
Thanks to the wealth he was able to create for himself and his followers, D.R. retired early to pursue his passion for investing and showing fellow investors how to build toward financial freedom.
Today, he's a financial author, lecturer, and coach.
He has helped hundreds of thousands master powerful trading techniques. Most recently, he's shown his readers a new way to make money even while the coronavirus weighs on markets. You can learn more about that here.
D.R. is also the co-founder and COO of the Directional Research and Trading hedge fund group and holds the national spotlight as a leading expert on system designs for risk reduction.
D.R. co-authored the New York Times and Wall Street Journal best-selling book Safe Strategies for Financial Freedom, a comprehensive guide for aggressively shedding risk without derailing profits. He is a regular analyst on Fox Business, CNBC, Bloomberg Radio.