It felt like the markets were ready to roll over last week, but stocks caught a big bid.
Ivanhoff and I put together our weekly Momentum Monday to get you the ideas that stand out to us this week. Briefly, I like seeing so many names in the momentum list that nobody has ever heard of. A few years ago it was FAANG that carried the markets and everyone worried what would happen when they stopped leading. We might have the answer. Right now software, restaurants, Brazil, payments, biotech, healthcare and aerospace are being represented on our list.
Have a great week.
As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.