Post by
drbob512 on Jul 26, 2020 3:22pm
Time for disruptive growth
stocks to bottom out & start to reverse up this coming week if bulls are going to keep control as leaders are needed for big bull runups. So will laggards & value stocks lead the mkt up to test ATH of 3.393 (S&P 500), or will growth stocks have to regain leadership? Odds favor growth stocks, of course. That means FAANG+M, LVGO TSLA PTON ROKU VEEV TDOC ZM TTD SHOP SPOT CHGG DOCU DDOG FSLY NVDA PANW TWLO SQ CHWY with honorable mentions of IIPR PING OTRK SMG, which are not leaders per se in terms of mkt cap. And remember sentiment is still very bearish (is bullish from contrarian view), almost $4 trillion in money mkt funds, Fed's QE every time mkt drops, so bulls have the decided edge, still. But i could be wrong if bears find a way or if an exogenous event helps bears. We shall see... Jmho dyodd glta