This Week's Stock Ideas

Monday, July 29, 2024

Good morning, everyone, and welcome to all who joined over the weekend!

Last week we were looking for a continued push lower and we got just that. While it was not a major selloff, it was definitely enough to cause pain to those not expecting this move. The selling may not yet be over, but we did see a few indicators of a potential bullish reversal. As a result we are looking for bullish setups in strong stocks. Again, we plan to trade with caution until we have confirmation that the selling is indeed done.

Check out this week’s trade ideas.

Last week’s sector performance