What a week it’s been… I don’t know about you, but Friday got here just in time.
Not just because it’s time for the New Money Crew Weekend Watchlist, but because I’m ready to head to Vegas!
If there’s one message that I’ve been hitting on time and again in these whipsaw markets, it’s that traders need to aggressively take profits when the opportunity presents itself.
This isn’t a market where we want to get married to a trade, and this week is a prime example of why…
The market had the biggest single-day rally since 2020 on Wednesday. Next, we had the largest single-day loss of the year so far….
No one has a crystal ball, and you don’t get a medal for calling the top or bottom.
But even in markets moving from one extreme to the other day by day, careful target selection and staying nimble can help the everyday retail trader stay ahead of the chop.
Traders always need to be on the lookout for stocks on the move, which is why I’m here every Friday with a few select companies for your attention in the New Money Crew Weekend Watchlist!
If You’re Looking for ‘Safety,’ Try This May 02, 2022
The problem with trading right now is that it’s hard to feel confident holding positions for more than a few hours, but I may have just found the exception…
*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
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Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
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