Some Stocks To Review Over The Weekend
Screener continues to produce winners...but be mindful of the VIX⚠️
Last week, the stock market was shaky on Thursday and Friday. Then we started this week strong, with many stocks rallying to new highs. Today’s pullback with things like SPY 0.00%↑ was not fun…but also did not warrant panic. The only “worrisome” signal I am seeing is the VIX, which is in fact consolidating on smaller time frames like the 1 hour…indicating a breakout soon. Considering that the VIX trend is up…my suspicion is the breakout will also be up. But we do not know that right now…anything above ~22 is where I largely stop trading. Just something to monitor for now.
Most of our positions have held up fairly well. Raytheon, RTX 0.00%↑ seems to be doing the best from the long term StockTok Screener. ASTS 0.00%↑ was the #1 pick on 18 June for the short term traders, and peaked at +10.3% today. 2 Friendly Reminders:
If the VIX goes over 22, the StockTok screener will not perform a screen. It is a basic requirement. If you have questions about the screener, they are likely answered in the Stock Screener FAQ document.
The Substack is continuing to grow rapidly. As discussed in this post, we cannot have too many people utilizing the Screener, otherwise, it would eventually lose its edge. We have 36 spots remaining before I increase membership pricing for NEW members, to $49 a month or $490 for the year. You may have spit up in your mouth to that…but I really DO NOT want too many people having access to what I consider one of the best products I’ve ever built, and diminish its value. Additionally, since we are consistently in the fastest rising Finance Substack…I reviewed what some of the top Finance Substack pages were charging (they were still more expensive!). Sorry…I know its awkward to talk about, but we have to.
Down below, you will find the top 5 picks today for both the long term and short term screener for your convenience. I’ll see you all bright and early Monday morning in the chat. Have a great weekend…and last but not least…Thanks for stopping by! 👍
Stocks Below 👇