If you’ve paid any attention to my most recent daily videos, then you probably already know that I’ve been talking nonstop about the gap between the Energy and Communication Services sectors.
There’s a huge difference between the upside gains in energy and the decline of comms stocks.
Bespoke Investment Group, which provides insightful and up-to-date research to individual investors, just posted an article about the gap... I found this interesting because I’ve been mentioning it for over a month without anyone else picking up on it…
Since it’s Memorial Day, I thought I’d share this take with you in a more laid-back style video…
The percentage of stocks trading above their 200-day moving averages — meaning they’re still bullish — is 22%...
Most of these stocks can be found in defensive sectors like Utilities, Consumer Staples and Energy.
But don’t let that fool you!
I’ve seen these stocks make explosive moves lately, and while most traders are ignoring these plays and piling into overpriced put options in speculative growth stocks…
We’ve been taking full advantage of cheap call options on these overlooked, “boring stocks” that are still making new all-time highs.
That’s why I’m going live at 1 p.m. EDT on Tuesday, May 31, to show everyone how to get in on the action!
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