A supply-demand mismatch in the housing market threatens the value of homes in the back half of the year.
*** 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 July 10th to October 3rd
- Remains within a steady long-term rising trend, supported by 20 and 50-day moving averages ($46 to $47); Stop loss appropriate at $46.50
- Growth is defensive and, as a result, it tends to outperform the market during third quarter volatility in stocks
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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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