Insider Financial recaps the day's stock market action and looks at what's working in the markets now and what is not. Low-float Nasdaq small caps are particularly hot right now.We have a new report for subscribers on a recent Nasdaq IPO with a float of just 1.33m shares, according to Finviz.Sign up below to get our full report on this Nasdaq small cap!This video covers SPY, QQQ, IWM, TLT, USO, BTC, ATGL, WAVD, NCL, HLP, ABVC, WMT, NIO, BABA, TSLA, FSR.
MARKET SUMMARY
US stocks wavered on Thursday after a rally from “oversold” levels driven by bets the central bank is done with rate hikes — and turbocharged by short covering. The S&P 500 is still on pace for its best month over a year. The recent gains resulted from investors realizing the Fed is likely finished with its rate-hiking campaign.I think it’s time to be a bit cautious right now. Look at the headlines.Walmart (NYSE:WMT) topped estimates with its Q3 earnings report on Thursday, but warned on consumer spending trends just ahead of the crucial holiday shopping season.Oil keeps dropping over demand worries. Markets so focused on inflation that they think it’s good; however, if a recession is coming that’s bad.But the most important thing right now in the markets is sticking to your wheelhouse. What you know best and what works.For us here at insiderfinancial.com, that’s low floats and short squeezes. Our alerts have been on fire!
BOTTOM LINE
As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.Good luck to all (except the shorts and Cramer)!
WHEN INSIDER FINANCIAL HAS A NEW COMPANY TO RESEARCH, IT IS IMPORTANT TO PAY ATTENTION. AFTER ALL, OUR FREE NEWSLETTER PROFILED MANY TRIPLE-DIGIT WINNERS FOR SUBSCRIBERS. WE ALWAYS ARE LOOKING FOR MOMENTUM BEFORE IT HAPPENS!
Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
Discover Hidden Gems
Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.
