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I find that trading the strongest momentum stocks during a market pullback tends to yield the best results.
I mean, stocks with high relative strength usually hold onto said strength better than weaker stocks, and they even bounce back faster, too.
If a stock gains momentum and outranks other ones, it means it has strong institutional backing. Large mutual funds don't typically bail on stocks after minor pullbacks — they hold until they trade above their 200-day moving averages.
So in light of Monday's dive, it's easy to see why most traders would want to take advantage of the strongest momentum stocks…
And luckily for you, I know exactly which ones!
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| Start With These 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! | | | 4 Hot Breakout Stocks That Aren't Overextended
|  | Stocks are mostly neutral after a strong rebound the past two days. Jobless claims for last week surprised the market this morning, coming in about 20% higher than expected. The market is choppy and many stocks are overextended. The best way to trade this market is to look for breakouts that aren't overinflated… And I've identified four stocks breaking out to higher highs.
In this video, you'll learn the biggest factors driving the stock market right now… whether the S&P 500 is stable… whether it's time to jump back into breakouts… and four sizzling breakout stocks to buy right now.
| | Get the Names Here | | | | | | |
Roger Scott | 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. | | |
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Look, the stock market is unpredictable…
That's why traders need a strategy that will net them consistent returns, year after year — no matter what life throws their way.
That's where Trophy Trade Alerts can help. This stress-free strategy gives everyday traders the chance to capture even more gains when a stock rallies — without leaving big profits on the table.
And it works even in the most turbulent markets. | | |
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 | We Gained 148%
on MRNA in 3
Days. Here's How
| July 19, 2021 | If you keep up with the stock market like I do, then you've probably heard Thursday evening's news by now…
Continue Reading
| |  | 5 Stock Market Predictions for
the Rest of July
| July 21, 2021
| If you've paid attention to anything I said the past week, then Monday's stock market sell-off shouldn't have surprised you.
Continue Reading
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