If you’ve been following along with me the past few weeks, then you know the Nasdaq 100 experienced a pullback. Even as small caps and some S&P 500 stocks trade above their 50-day moving averages, growth stocks are still in recovery mode.
But while most analysts think the best days for momentum stocks are behind us, I say they’re wrong...
I mean, earnings are coming out better than expected, which is the biggest driver for fast-gaining momentum stocks.
So because there’s a momentum decline in growth stocks, there are some major bargains out there that’ll outperform the broader market in the near term...
Markets opened flat Wednesday as strong earnings reports continue. Analysts expect the S&P 500 to have an earnings growth rate of 30% for the third quarter. This number is already priced into the market, so stocks could react if this number fluctuates.
Interest rate pressures aren’t having as big of an impact on stocks as investors initially thought. Large caps are starting to outperform small caps due to positive earnings. So I’ve picked out one long trade to ride the bullish move, and one weak stock to short as we approach the end of the year.
In this video, you'll discover why I’m bullish on stocks right now… the biggest Federal Reserve report to focus on… which sector to watch… an earnings and expected growth update by analysts… one actionable trade to the long side and one to the short side with option trades for both stocks.
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!
You probably know this, but most “popular” trading strategies that novice investors use lose money. Think about it... If you could simply Google a winning strategy, everyone would be making money.
Wall Street knows this… so it takes the opposite side of those trades… In other words, big firms bet against common strategies that many individual traders use.
But there’s a way for us to take advantage of this pattern.
It’s earnings season, and bank stocks are starting things off with a bang! Financials were the first to report, and most posted better-than-expected earnings.
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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