A Resilient Trio
On Monday, I pointed out three places to take risk in this difficult May market after noting that large chunks of capital have come out of equities in recent weeks. Traders have other alternatives, including scalping, short selling and finding the handful of maverick stocks that can avoid the maelstrom of highly correlated price action between volatile world markets.
While there are no certainties heading into the summer, three stocks on my trading screens don't seem to care that Greece might leave the European Union or that JPMorgan Chase (JPM) dropped the ball. Indeed, their resiliency points to an alignment of favorable forces that support higher prices, despite the gyrations of overheated algorithms and fearful shareholders....367 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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