In Sunrise Profits, Greg recommends two sells to cut losses and preserve your portfolio.
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Greg Guenthner, CMT, is the editor of Opening Bell Fortunes and Seven Figure Signals. He has been with Agora Financial/Seven Figure Publishing since 2005. In 2019, the average position in Greg’s Sunrise Fortunes portfolio outperformed the S&P 500 by 1.65x.
The second quarter and first half of 2020 are in the books. Welcome to July. No new trade today — still searching for some momentum heading into the holiday weekend. We have to let the market come to us!
We got some rotation we’ve been looking for yesterday as the Dow and S&P led the Nasdaq out of the red. Today, we look to jump into a Dow trade as the market rebounds.
We’re smack in the middle of the typical summer trading hijinks. The key is to pull back a bit and not get sucked into every intraday move higher or lower.