Even with things like recent cost pressures and logistical bottlenecks pulling the stock market down, most companies have still been able to beat earnings and revenue estimates…
The total earnings for Q4 2021 are expected to be up 25.6% on 14.1% higher revenue from the same time period last year.
That tells me things are moving higher…
And that the major sell-off we’ve had the past few weeks created an opportunity in bargain stocks, which don’t seem to have too much overhead pressure from rising interest rates.
In fact, there's a significant amount of upside for them over the next quarter…
But while most sectors were getting their booties handed to them, energy stocks were cleaning up, gaining nearly 18% so far in 2022.
And with tech back on shaky ground thanks to Facebook/Meta, New Money Crew Head Trader Lance Ippolotio is seeing loads of institutional flow into lower-beta energy names.
One name that hit the tape Thursday was BP, as traders look for oil to march higher in the near term.
But that’s not the only outsized order printing… Lance has two more slick trades waiting below....
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!
Most people don’t realize that the majority of swing trading strategies can also be applied to day trading… And one of my favorites is the tail gap swing strategy.
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