The market’s experienced strong volatility and a ton of selling pressure the past several weeks, pushing most stocks below their 200-day moving averages in the process…
And things like inflation, rising interest rates and the Russia-Ukraine debacle haven’t helped much, either.
But with the S&P 500 losing substantial market cap over the past few months also comes some new profit opportunities for a special group of stocks — especially ones with reasonable P/E ratios…
So here are a few specific names I’m loving right now…
It’s going to be an interesting week, a week that could decide whether the bulls or the bears are in control on Wall Street — and more in Monday’s stock market recap.
There wasn’t much news on Monday that could act as a big catalyst, but we still have a lot of news yet to come this week…
The major cloud over the market right now is of course the Russia-Ukraine situation. We also have the Producer Price Index and Redbook coming Tuesday, which is private retail sales data, Federal Open Market Committee minutes and retail sales data coming Wednesday. On Thursday, we have housing permits, jobless claims, existing home sales and the Manufacturing Index…
So there are a few things we should get a good grasp on this week. We should have a good understanding of where the housing market is going, and hopefully what and when the Federal Reserve is going to raise interest rates and by how much.
But the big, BIG report of the week is Industrial Production and the Philadelphia Fed Manufacturing Index report. I’m also looking for the bond market to be bullish this week.
In this stock market recap video, we’ll discuss the above and dive into why the Fed may hold off on dialing back stimulus and more!
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!
I usually don’t like to trade the market this way…
But once I learned this strategy could isolate healthy, trending stocks and come out with strong gains like we’ve already seen… I just knew I had to rethink one of my biggest trading rules.
I’m talking about gains like 80% on FSLY in less than 120 hours — it’s a swing trader’s dream!
And being some of the first traders to learn how to use it could add a ton of extra value to our portfolios.
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