Welcome to Karpel’s Corner. This is where I throw out my thoughts on the markets and share some of my favorite strategies. I keep it market-focused, and never miss an opportunity to teach trading strategies and commentate on the latest trends affecting the financial markets. Hope you enjoy today’s post!
Like we say in most of our live webinar events, sell into strength and buy into weakness. While this mostly applies to getting out of or into a trade early, the key is that we are profitable when we are doing it. With a mixed market and a trade that is just off the highs, it is prudent to have a wish-list of stocks that could be titled “The Nice-to-Have Stocks at Lower Prices.”
Here is my bullish wish-list: $HRL, $HAL, $MEI, and $INTC. These four stocks have a 10/10 Tradespoon rating, meaning that these are the most highly rated on our bullish conviction list. As always, it’s important to size conservatively.
Take a look at the Tradespoon Bulls conviction picks and read up on the most recent analysis for these suggested ideas.
See you next time at the Corner!
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