Everybody knows the stock market’s been choppy of late...
If you’ve paid any attention to me lately, then you know momentum levels are cooling off, which is normal for this time of the year. With the Federal Reserve pouring billions into the market each month, I don’t see us headed into bearish territory.
Current selling pressure is typical...
So when I spot pullbacks, I don’t turn to the weakest names to get the best prices. I look at the strongest stocks because they’ll be the first ones to rally when investors start to come back.
Let’s get into a few that just popped up on my radar...
Based on what I see internally, I’m not feeling the current sell-off pressure. Treasury yields rose on Tuesday and caused a downshift in stocks. But if the gross domestic product misses analysts’ expectations on Thursday, stocks could bounce back because the Federal Reserve may alter course and not end its bond-buying program as soon as planned.
Supply chain disruptions, however, could hurt companies’ profits and put pressure on stocks as we head toward the holiday season. That’s why I picked out a long play in one of the strongest stocks, and a short play in one of the weakest to trade this market.
In this video, you’ll discover if stocks are oversold… why the market sold off… whether bonds will drop or rise… what to expect from Thursday’s GDP data… and the hottest long signal and coolest short trade.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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