Wednesday, January 19, 2022

Stock Market Sectors Gaining Relative Strength Through February

 
January 19, 2022
 
How Traders Can Get 7:1 Returns on Their Money
How does risking just $1 dollar for the opportunity to make $7 sound?


This is what we call the "profit factor" — the risk-to-reward ratio for an investment.

A profit factor over 2.0 is good, while anything above 3.0 is considered outstanding.

For every $1 risked, one strategy has seen $7 in return….

And WealthPress Senior Strategist Roger Scott has perfected the strategy that's scored a profit factor of 7.05 over the past 12 years of trading!
See How He Does It
 
My Top Stock as the Nasdaq Drops
The Nasdaq was down big on the first trading day of the week following the markets being closed Monday for Martin Luther King Jr. Day.

The Dow is also set to open lower on Tuesday by 1% with Goldman Sachs dropping on disappointing earnings.

Not only did the company miss on earnings, it reported that operating expenses soared 23% from the previous year.

Elsewhere in the news, Microsoft is set to buy beaten-down video game company Activision Blizzard in an all-cash deal for $68.7 billion, causing Activision's shares to surge 37% premarket.

In this stock market recap video, you'll discover the short- and long-term support levels for the S&P 500 and Nasdaq… the biggest market-moving catalyst this week… and the top stock in the top sector.
Get the Stock Here
 
Out of 11 Sectors, These Are the Best to Watch Through February
It's time to talk about the million-dollar question… Out of the 11 major sectors, which are showing the most strength over the next month, and which are the best to watch short term?

The short-term prognosis for the stock market, in our opinion, is that the retail sector is beginning to show signs of cash flow again.

We're starting to see some decent return buying in retail names like Macy's and Kohl's — which is shocking considering the fact that they just got crushed.

However, it's important to point out that the fleeting strength we're seeing in the retail sector is better equipped for a day trader — you won't want to spend weeks in a retail name at this point in time.

But if you're looking for where to go long in January, then you need to start paying attention to these sectors
What Sectors Investors Are Watching
 
"You guys are by far my favorite. Best regards,"

Andrew B.


Momentum Trading involves a strategy to capitalize on the continuance of an existing trend. It involves going long stocks, futures or ETFs showing upward-trending prices, and shorting the respective assets with downward-trending prices.
 
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 
 
                                                           

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