Everyone should know by now that the U.S. stock market just suffered an ugly Black Friday sell-off...
Instead of giving away hot picks like I normally do in these videos, I want to share my screen and give you some market analysis from under the hood...
I just want you guys to get it from my perspective and, of course, calm everybody’s nerves.
So in other words, this video should give you a much better idea of what’s actually going on right now...
We’re closely watching the Dow this week as it looks to recover from its 1,000-point drop on Friday — and more in Monday's stock market recap.
The drop in the Dow itself is nothing to worry about... Confirmation of another COVID-19 variant, Omicron, and talk of renewed travel bans hit the news on a day where there’s little liquidity in the market following Thanksgiving.
Most traders weren’t active because of the holiday, with most hedge funds also sitting out. And when there aren’t a lot of people in the market, it’s like trading a stock with no volume — the numbers can swing wildly.
The Dow recovered nicely Monday morning, but the market’s reaction to this new variant and the travel bans will cause some volatility in the days ahead, especially when it comes to travel stocks.
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!
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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