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Roughly half of our nation's total population has gotten at least one COVID-19 shot — about 165 million people — as of the end of May. And over the long holiday weekend, travel numbers spiked, hitting pre-pandemic levels.
So I get why everyone's been asking me for travel stocks banking on pent-up demand.
All signs are pointing to a busy summer, and sentiment always precedes future changes in the price of stocks because the market is forward-looking. So it anticipates most things ahead of time. And I've found two travel stocks that stand to profit the most...
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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! | | 3 Bearish Stocks to Play as Large-Cap Tech Breaches Key Level
| | If the market drops, weak stocks are usually the first to fall with it. The QQQ, which tracks the Nasdaq, has breached its 50-day moving average, breaking its short-term bullish run. I've identified three weak stocks positioned to suffer from a pullback in the broader market.
Wall Street opened lower today, but this isn't necessarily a strong indicator of overall market sentiment. It could be institutional traders getting a late start in a holiday-shortened week. People should take today's open into consideration and be cautious — but don't put too much weight on the market shift yet.
Today's jobless claims report showed a new pandemic low. While this is good news, traders are cautiously optimistic after last month's employment data. If Friday's report shows that jobs were created in line with the drop in jobless claims, one of Wall Street's fears will be dampened.
The S&P 500 continues to be overstretched and the Russell 2000 continues to be choppy. Basic Materials, Energy and airline stocks are the strongest in the market right now.
In today's video, I'll go over why the market is so volatile today… why Federal Reserve data is slightly counterintuitive… how to determine if the QQQ is prime for buying or selling… and three stocks to sell right now.
| Get Today's 3 Bearish Plays | | | |
| 2 No-Brainer Stocks Ready to Explode With Pent-Up Demand
| May 30, 2021
| June tends to be a red-hot month for traveling. And I've found two no-brainer stocks set to benefit from pent-up demand.
Continue Reading
| | | 2 Undervalued Stocks to Play the Housing Boom
| June 2, 2021
| I thought it would be a smart idea for me to give you two names to play the housing boom this summer... Continue Reading
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