This Week's Stock Ideas

Monday, February 5, 2024

Good morning everyone, and congrats to all who caught last week’s big money trades!

The S&P 500 closed above our bullish level for the month, which confirms the move higher. You can see below we are now trading comfortably above our resistance level. This means we can continue to confidently trade the long side and utilize short-term pullbacks as buying opportunities. Every analyst on Wall Street has been calling for a collapse, and many investors are now missing one of the most significant bullish moves in history. This is why we do not try to predict market moves. We observe and take what the market gives us. We will continue to monitor closely and look for any signs of a potential change of trend. But as of right now… we don’t see any.

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