4 Surprising Stocks with BULLISH Indicators
Welcome back to the Rude Awakening for Tuesday, March 16, 2021.
We had a big push right up to the close of yesterday’s market, powering the day’s trading session higher.
This morning, we are seeing a bit of a pause.
Yahoo Finance reports this morning:
Stocks mixed after Dow and S&P 500 set records, retail sales miss estimates
Stocks traded mixed Tuesday, following a session in which the broader market notched new record highs, as traders digested a weaker than expected report on U.S. retail sales and looked ahead to a Federal Reserve policy meeting later this week.
The Nasdaq outperformed and the S&P 500 ticked higher as technology stocks led gains. The Dow traded just below the flat line. A day earlier, both the Dow and S&P 500 reached new highs, bolstered by the signing of a new $1.9 trillion stimulus bill that’s poised to spur consumer spending and ignite economic growth.
We know that we are in a choppy but bullish market right now.
Today, I’m going to share another new investing concept to help you find momentum-based opportunities in this volatile market…
New Tool for Gauging Investor Sentiment
Peeling back the onion, so to speak, we’ll examine the inside of the market and look at something called order flow — specific to options.
Looking at both bullish and bearish options order flow sentiment, we are able to see if there is a change in the way investors are viewing specific stocks. Is there increasing bullishness, or increasing bearishness?
Today, we’ll look at 4 stocks with increasing bullishness…
The second one might surprise you…
And have a great rest of your trading day.
We’ll talk again tomorrow.
Editor, Rude Awakening