This Week's Stock Ideas

Monday, February 12, 2024

Good morning everyone, and welcome to all who recently joined!

The S&P 500 continues to push higher after breaking above our bullish confirmation zone and even closed above the psychological 5,000 level on Friday. As we have stated for a few weeks now, there is no sign of this trend faltering as of right now. Therefore, pullbacks are buying opportunities until further notice. Equity markets are definitely in overbought territory but could easily venture deeper into overbought territory. Let’s continue to focus on price action and collect these huge profits that are being given. If we see any signs of a potential trend change, we will send out an update.

Check out this week’s ideas, and don’t forget to comment or ask questions below.