Hey Traders,
Markets are closed today for the MLK holiday, so I wanted to review something we talked about last week.
Early last week I told you the market is at a turning point. With the SPY, DIA, and QQQ all flashing warning signs, I’m no longer a bull on the broader market.
But that doesn’t mean we pack it in and stop trading.
Because there’s one thing I’ve learned in my decades of being in the markets: there’s always a bull market somewhere.
Even when the indexes are struggling, you can find stocks that are bucking the trend. In fact, that was one of the four strategies I shared with you last week in case markets turn south.
And right now, I’ve got my eye on a few that have been holding strong despite all the turbulence.
Let’s dive into what makes these tickers stand out — and how to approach trading them in a higher-probability way.
The Outperformers
Here are the stocks I’ve been watching:
- CRK has been trending upward, holding steady as many stocks around it stumble.
- RELY is showing surprising strength, carving out a nice trend even in this choppy environment.
- EAT has been riding a steady upward trend for months, showing strong resilience despite the broader market’s troubles.
- VRNA is another ticker that’s been sticking to its strong, steady bull trend.
- FOX has been in a strong trend for over 6 months, staying strong even during the August downturn.
- CLBT has been quietly climbing, showing a clear uptrend that hasn’t faltered even as broader tech struggles.
Pull any of these tickers on a 6 month chart with daily candles like I showed you here and you’ll see what I mean. All these tickers are in solid trends, regardless of what the broader market has been doing.
Why These Stocks Matter
- Trending Despite Turbulence – While the market has been losing momentum, these stocks have been holding steady and even trending higher. That tells me they’ve got something going for them — and investors continue pouring money into them.
- Trade the “Higher-Probability” Way – Now, I’m not saying these stocks are bulletproof. But when you trade trending stocks using high-probability strategies, you can stack the odds in your favor. These strategies allow you to profit even if the stock doesn’t perform exactly the way you expect it to. I showed you a perfect example of that in this post.
- Watchlist for the Future – Here’s a little pro tip: Stocks that stay strong during a market downturn are often the first to soar when the market recovers. Keep an eye on these names even if you don’t trade them this week. When the market eventually turns around (and no matter how things feel now, it always does) these could become some of the best opportunities out there.
Final Thoughts
The market may be shaky right now, but that doesn’t mean there aren’t opportunities.
Stocks like the ones I mentioned above clearly show us that even in tough times, there’s a chance to find strong trades.
And remember: this isn’t just about what happens this week. These are the kinds of stocks that could lead the way when the market eventually bounces back.
There’s always a bull market somewhere. You just have to know where to look — and how to trade it smartly.
Trade well,
Jack Carter
P.S. Want to know how I use strong stocks like these to generate weekly income. Click to follow along with my weekly income-generating strategy step-by-step.