In Sunrise Profits, Greg shares his thoughts on the bulls and bears duking it out at the 2,800 level.
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Yesterday’s move was brutal. But today markets are crawling back from the brink. Our job is clear cut: determine if the drop was a reset that will lead to another rally, and figure out which sectors will lead the market during its next phase higher.
In this Sunrise Profits summary, Greg comments on today’s choppy market as well as giving his thoughts on open positions.
Yesterday, stocks opened in the red and almost immediately started making up the losses. But today is Friday and it’s August… so anything goes! Let’s see what the day brings us…
Yesterday’s action in the NASDAQ triggered a broad market breakout today. Pushing the whole market higher as well as our position on gold. Take action today if you haven’t already!
In Sunrise Profits, Greg wraps up the market’s dismal weeks and reflects on how the market acted.