The cues that would traditionally turn off bull market trends in stocks are presently absent heading into what is a notoriously volatile time of the year between August and October.
*** 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 22nd to November 14th
- The stock has derived support at the 50-week moving average and a bull-flag charted in the past month from this hurdle proposes an upside target towards $355
- Revenues show an abnormal increase during the second quarter, juicing free cash flows, benefiting from the strength in the manufacturing economy
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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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