Complacency is high in the market as those that sold around the March lows get left behind.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
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Stock Highlight:
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- Optimal holding period from April 18th to August 16th
- The stock has been on a steady rise since last summer, supported by levels around the rising 20-week moving average; Stop loss appropriate at $70
- The manufacturer of engineered steel pipe water systems has seen revenues steadily climb year-over-year and the trend in net income has been following seasonal norms fairly well over the past few years.
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Disclaimer: Comments and opinions offered in this report are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered is believed to be accurate, but is not guaranteed.
Super Simple Seasonal Portfolio
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