Things like news releases or earnings announcements can be important triggers to look for... And we found 5 stocks that appear to be in an excellent position to deliver high-probability trading opportunities in the days and weeks ahead.
With rates these high, the strategists put together a list of companies with high cash burn rates and also lofty valuations, all of which are losing money, as they advised investors to avoid unprofitable long-duration equities.
Despite lower-than-expected returns from most popular positions, hedge funds "fared well" recently, according to Goldman strategists. They also remain "convicted" in their favorite stocks despite Goldman's VIP basket dropping by 29% year-to-date.
DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
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