Watch now…
We have something very different to talk about this week in Power Trends+.
An overbought market.
That’s right. According to my proprietary Big Money Index (BMI), the stock market is now technically overbought.
That sounds bad, I know. But it’s not necessarily the case. It’s another data point in our arsenal with which to make smart decisions.
In today’s video, Luke Downey walks us through what an overbought BMI really means, and he has some cool data to share. I can tell you this: It does not mean that it’s time to be bearish. Markets need healthy pullbacks at times, and smart investors get their buy lists ready to be able to grab high-quality stocks with strong fundamentals, technicals, and Big Money inflows.
You and your fellow Power Trends readers seem to be getting your lists ready, and Luke will go over three more stocks that you’ve written in about. Two don’t quite make the grade, but one has what it takes to rate a buy in our system.
Click here for Luke’s important analysis of both the market and these stocks.
Remember, the stock Luke grades in this video issue are not currently recommended in my investing services, but we hope that sharing our data helps you in your research.
If you do want to receive my handpicked recommendations and gain full access to my Quantum Score on thousands of stocks, click here to learn more about joining Quantum Edge Pro.
In addition, we are seeing a rare stock market pattern responsible for producing big gains in the past. It’s a unique window in which to accelerate progress toward your financial goals. And one particular corner of the market is slated for a huge rally in the coming months. It’s not too late to get yourself ready.
Enjoy the video, and we’ll be back with more Power Trends+ video analysis soon. Keep sending those tickers as well as any comments and questions to [email protected].
Talk soon,
Jason Bodner
Editor, Jason Bodner’s Power Trends