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When I began to film today's video, the Nasdaq was hovering near its record high. That also means breakout stocks have the chance to move even higher, and there are three names I think are worth our while…
Why?
Well, each has a specific job they do...
The first breakout stock, for example, lets anyone set up an online store and sell products wherever they are. That's great because a lot of people are working from home… expanding job prospects… and basically doing whatever they want.
So let's stop wasting time and get right into three hot breakout stocks worth watching…
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Give Me the Names | WE WANT TO HEAR FROM YOU!
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! | | What Today's Fed Data Means: 2 Stocks Not Affected
| | Inflationary pressure is at a 13-year high. Wall Street got hit by a lot of Federal Reserve data today, including manufacturing reports, industrial production, import and export prices and jobless claims. So this will help the market analyze our economy and determine how "transitory," or temporary, inflation will be.
Keep your eye on the bond market as it approaches its 200-day moving average. Large-cap tech stocks continue to be overbought. These stocks are overdue for a cooldown, which is more probable as inflation fears rise and we get closer to the Fed tapering on bond purchases. That's why I've identified two stocks with recent pullbacks and little sensitivity to interest rate fluctuations.
In today's video, I'll show you whether bonds are going up or down… which index is set to fall… the biggest threat to the markets this week… an update on momentum levels in the Nasdaq… and two hot stocks that are pulling back and ready to bounce.
| Get Today's 2 Pullback Stocks | | | |
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