The loss of earnings season distraction could pose a problem for stocks in the weeks ahead.
*** 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 May 10th to July 29th
- The fund recently broke out from and retested resistance at $36. Previous resistance is now support, providing an effective stop to long allocations
- So long as broader energy sector fundamentals remain positive (eg. supply crunch in oil), energy alternatives, like this warrant attention
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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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