The market is opening for the month and it could be telling
The market officially opens (for a half day) for the month of July tomorrow. And the first session of the month could be very telling. Here's 3 things I am watching for: - Volume: Are funds and pros treating it like a long weekend or is there enough excitement in this "bull market" even on a half day? Are they being aggressive on big name stocks? Speaking of…
- Big names: Watch AAPL, AMZN, NVDA, TSLA and other big names tomorrow. Are they slumping or driving the whole market forward?
- The June high: The June high is also the 2023 high and we're within striking distance of it. If we open July taking out the highs, that is a sign that this market will stay propped up
But let me give you an even more important thing to watch than all of those… These 3 stocks. You see, these are stocks that have historically gone up in the first half of July over and over again. And this market anomaly has proven very reliable. I am "all in" on this approach. I recommend you jot down these tickers before the market opens so you can keep an eye on them tomorrow. Just watch the presentation here to get all 3 Trade well, | |
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