The gloomy outlook from yesterday changed completely after big tech’s killer earnings beats. With the Nasdaq ripping higher, it’s time for us to cash out two of our short-term plays…
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In Sunrise Profits, Greg discusses the upcoming earnings season and current market conditions.
The theme this morning will be the search for strength. What’s holding up (or even breaking out) as the averages slump?
Our job is to continue to rotate into the trades that can buck the trend if we continue to see some of this backfilling in the weeks ahead.
The market is red hot right now and will need to cool off and correct at some point. We have to be ready!
In this Sunrise Profits summary, Greg gives his thoughts on a mundane market opening. Plus, he recommends a new play.
Late summer trading can be difficult… especially with earnings being a huge question mark this quarter. But don’t get rattled by every dip…