📈 Stock Picker's Market

The stock market is shifting.

Stock Picker’s Market

Last week we had earnings releases from major companies such as Meta, Amazon, Google, Spotify, AMD, and Eli Lilly.

We saw blowout earnings get rewarded, while average and below average reports were punished.

This gave us a major clue as to what’s to come in the market - leaders will be rewarded while laggers will be sold off. This is a theme that I expect to continue.

Stocks to Watch

Some of the names that reported blowout earnings for it and were rewarded include DASH, RDDT, and META.

You can see that these names have ha very little pullback, and when they did, the dip was immediately bought. This is exactly what you want to see.

CAPEX Rising, Earnings Falling

Other reports that have been average or below expectations were especially punished because we are seeing a lot of CAPEX investment, namely in tech stocks, while they are missing their targets simultaneously.

Investing in the future is a positive signal, however if significant capital is going to be committed, they need to show investors that they are delivering exceptional numbers in the present. Otherwise, investors get impatient and flow money elsewhere until earnings meet expectations.

I walk through the primary names that I believe have massive potential for appreciation in this video: