Taking a big, overarching look at the rest of this summer into about mid-August… I’m bullish. I still see this market having some legs to run, especially in the big-time beaten-down names.
Yes, it’s still going to be choppy, and we’ll get some curveballs. Take cruise lines, for instance…
I’m bullish on Norwegian Cruise Line and it’s one the positions in our Money Flows Elite strategy.
And then Carnival announced a secondary stock offering, diluting shareholders’ positions, which of course sent all the cruise lines sinking. Carnival wants to raise $1 billion to cover expenses so it needs money. It’s typically a good place to buy the stock now that shares have taken a beating.
It’s the same sort of thing we just saw with United Airlines, which threw a curveball of its own because of high jet fuel costs, which of course eats into profits…
UAL got smashed and all airlines felt the pain of that news the past couple of days.
But the fact remains that there are a lot of people who want to travel after the funk of the pandemic. So how do we play it?
You’re going to see exactly what the patterns are, the historic win rate and profit factor of each… and even get the exact entry and exit rules of the strategy.
All at no cost to you, of course!
This could be the biggest discovery of my entire career, and I can’t wait to share this major breakthrough with you!
It’s no secret that 2022 hasn’t been good for the stock market, but even more so for the Nasdaq. In fact, even after last week’s 5.4% rally, the Nasdaq is down about 26% year to date. That’s a big, BIG number…
We’re in the midst of the first full trading week following the Fourth of July holiday, and there’s a lot going on in the markets — earnings, inflation data, COVID-19 starting back up again…
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