Momentum stocks in the hottest sector (food) and other hot sectors (solar)... the next bubble stocks.
The post I wrote on how to be a champion in this market details finding the next bubble as one of the must to do's. Always have a list of such stocks... I have mine but didn't like the valuations. However on a day like this a company like POT will go up despite high highs.
Also stocks that have been beaten up a lot and/or were heavily shorted. I have a list of these too.
However I am not a day trader and do not have time play the daily market. I play early morning stuff (around 6-7 am Pacific) then I have other things to do. However when I get a moment
I try to post my thoughts so a record can be made for moves in the future.
History repeats itself.
Great day for day traders. Maybe things aren't as bad as everyone thinks... ?
I am not at all convinced. The underlying fundamentals are not healthy. If you know somebody in the financial markets or the mortgage industry ask them how things are going. That will tell
you how the stock market is likely to do overall in the mid term.
I know a lot more about bio/chemical science stocks (CMED, SDTH, more) as that is my field...
This blog is for informational purposes only. It does not give investment advice.
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