Finding Phoenix — Dollar General
Stock picking in this environment seems tough, but it doesn’t have to be. Let’s talk about how I picked DG and how you can more effectively pick stocks in the future.
Stock picking in this environment seems tough, but it doesn’t have to be. Let’s talk about how I picked DG and how you can more effectively pick stocks in the future.
We’re in a precarious spot in this market because we’ve been trading higher for sometime and the overall structure is looking positive, yet it’s a little too late for new buys. Let’s look at the GOOGL earnings effect and discuss new setups, as well as possible pullback buy decisions.
There are times when my macro, trend, and price analysis say one thing and price does another. Here’s how I adapt.
As the market reacts to Powell with equities strength … where else does expectation of higher inflation and an accommodative central bank effect the markets?
So far, this trade has worked 7 times out of 8, and I’m doing it again early next week.
At the end of the day, this is the only way to trade this market.
Let’s take a look at the post-Powell market and what the FOMC messaging has left traders to consider.