Thanks to recent downside, WealthPress Senior Strategist Roger Scott has been talking a lot about what stocks to trade when the market pulls back.
He recently explained the 90/10 strategy he uses to find mechanical pullbacks without having to dig deep into reading charts, which is hard for traders who don’t have a trained eye for technical analysis like Roger does.
It looks for stocks making three-month highs, and then waits for a 10-day pullback against the main trend to occur. Then, we enter if the stock turns back around to the upside again.
Now, Roger wants to give away a few low-risk stocks to trade when the market pulls back that we can use to take advantage of the current sell-off… which is the worst we’ve seen since October 2021!
Look what happened to the sector ETFs after the COVID-19 “flash crash...”
The Federal Reserve printed us out of a market crash that likely would have pushed the economy into an early recession…
And this easy monetary policy we currently have is causing the 11 S&P 500 sectors to deviate from the mean… more so than WealthPress Senior Strategist Roger Scott has never seen.
But he’s excited to pick the best sectors right now using a strategy he’s kept under wraps for the past two years.
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