Yesterday, we saw a massive OVERREACTION in the market to a slightly better-than-expected, but still really bad, CPI number.
Here are my thoughts:
Though I still definitely believe we’re in a bear market, there are three stocks I do have my eye on:
FTNT – I’ve been talking about this one a lot. It’s been good, making nice little moves.
NVDA – I’m long this stock and the bulls are in control. It’s way down from its highs, but it made a significant move and we’ll see where it goes next week.
AVGO – It’s crazy that a tech stock like this pays a dividend that is over 3%. But it does. I’m long this one as well, and I think we might see big moves next week.
And there’s still a major opportunity I’m seeing set up in the housing market. If you haven’t caught it yet, check it out here.
