📈Weekly Stock Market Watchlist, Market Breadth, Flash Trade Alert & Must Watch Momentum Stocks
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Happy Sunday Traders and VIP Members (Traders & Students),
I've spent the whole weekend researching earnings, and in this report, we'll cover the overall market breadth, analyze multiple earnings that could be of interest to high-growth traders, and focus on momentum stocks.
Last week, we gave a warning to our readers about the 10-year treasury yield. If it went above 4%, it could trigger selling in the stock market at a faster rate due to fearful headlines in the media. As predicted, that's exactly what happened, but I'm glad our VIP readers were prepared for it.
A big congratulations to our traders for the big success on Wayfair (W) last week! The stock soared 20% from our entry point on our spreadsheet.
We've also published a Wild Card Ticket on RH, and it's currently up 8% from our entry. We're closely monitoring its progress, and we've moved up the stop loss to around $387, locking in a nice win so far!
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