I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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High unemployment + underemployment + shrinking wages + less $$$ to spend on necessities = buying at the dollar store more often.
Around where I live, there are at least a few dollar stores on one block and there's always heavy traffic in the stores. A dollar here and a dollar there do add up.
The only one I wouldn't buy is ULTA. Eliminate CMG because of the uncertain economy. Eliminate BIDU because of uncertainty over China. Eliminate GSIT since it is so small it will take an outsized hit if the market tanks. That leaves DLTR which should thrive under current conditions at least long enough to pocket 15%.
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