During the recent pullback, I have received calls asking if I would buy a stock that was down 40%. I explained that watching for relative strength during a pullback is important. Greg works through some of the reasons he is looking towards a couple of specific industry groups right now.
The markets have been showing underlying weakness since early November, but the S&P 500 logged a new high to start the year. That means you have to lean bullish when you are hitting new highs. However the Nasdaq did not make new highs and tech names have been selling down since the start of t...
Greg describes some of the interesting twists on the Nasdaq 100 through this consolidation since November. For his industry segment, Greg reviews the copper miners and why it looks like they could explode higher.
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Website: https://GregSchnell.com
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We are seeing rotation into new names set to outperform for 2022. Greg rolls through the Nasdaq 100 using a barbell approach of looking at the weakest names starting 2022 and discusses the chart shapes of new names starting to outperform to kick off the year.
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