The Daily Spotlight

Welcome to another edition of The Daily Spotlight! Get ready to take your stock trading skills to the next level! We're thrilled to offer you an exclusive opportunity: a FREE 1-hour live training session on mastering the art of stock trading. But here's the catch: you won't have to pay a dime to join us if you refer 10 new subscribers to our newsletter. Think of it as your chance to pay it forward and share the wealth of knowledge. So, spread the word, invite your friends, and let's embark on a journey to financial success together. Get those referrals and secure your spot at this invaluable training session – because learning how to trade stocks has never been this accessible!

In today's market analysis, we've identified these stocks based on our criteria. Please conduct your due diligence before making any trading decisions. Remember, the stock market is dynamic, and it's essential to stay updated on news and market trends throughout the trading day.

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Stock Pick 1: AOS

AOS - A.O. Smith Corporation

This one has some room to run. On an upswing above the 9 day and 200 day moving averages, we got a full candle close above the 200 day in the previous trading session, so it’s go time. The RSI and MACD both say that AOS could quite possibly break above of the descending broadening wedge it’s in.

Stock Pick 2: DD

DD - DuPont de Nemours, Inc

The 200 day moving average held as a solid support in the most recent trading session. With the RSI remaining low and the MACD closing in on a bullish crossover, we expect DD to make a move up heading into earnings Wednesday morning. This would be a 1 day trade, however, because we always recommend exiting before earnings.

Stock Pick 3: REGN

REGN - Regeneron Pharmaceuticals, Inc.

The 200 day moving average held in the most recent trading session. With the RSI bottoming out at 30, REGN is primed for a bounce and upwards trend heading into earnings.

Stock Pick 4: NRDS

NRDS - NerdWallet, Inc

NRDS has had a couple huge trading sessions after a strong earnings report, but that momentum is about to come to an end. Now that it is overbought and sitting inside of the Lux Algo sell zone, we anticipate a retreat off the prices that FOMO buying has pushed it up to recently.

Stock Pick 5: EJH

EJH - E-Home Household Service Holdings Limited

You know that saying about the market remaining irrational longer than an investor can remain solvent? That’s been the story of EJH recently, but it’s coming to an end and when it does the crash is going to be a big one. EJH has been sitting in the Lux Algo sell zone for a little over 3 weeks now. RSI is riding way into overbought territory and the MACD is finally showing signs that momentum should be slowing down. The only question is, can the meme-like frenzy continue? Our guess is n

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Protect Your Investments with Stop Losses:

One of the fundamental principles of successful trading is risk management, and a crucial tool in your toolkit is the use of stop losses. In the volatile world of the stock market, where prices can fluctuate rapidly, stop losses act as a safety net for your investments. By setting stop losses, you are taking control of your risk, ensuring that even in the event of unexpected downturns, you protect your capital. It's a proactive approach that can help you navigate the ups and downs of the market with confidence, providing peace of mind and enabling you to make more informed, rational decisions. Remember, the key to successful trading is not just about maximizing gains but also safeguarding against losses, and stop losses are a powerful strategy for achieving that balance.

We encourage you to share your thoughts, experiences, and feedback with us. Your insights and questions are always valued.

If you have any questions or need further information about these picks, please don't hesitate to reach out.

Happy trading, and we look forward to sharing more profitable opportunities with you in the days ahead!

Best regards,

Nic

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DISCLAIMER: Important Information Regarding Our Newsletter:

Not Financial Advice: The content provided in this newsletter is for informational purposes only and should not be considered as financial advice. The stocks mentioned here are based on our opinions and research. It is essential to conduct your research and consult with a qualified financial professional before making any investment decisions. 

Risks Involved: Investing in stocks involves substantial risk, and the value of your investments may fluctuate. You could potentially lose a significant portion or all of your invested capital. Please be aware of the risks associated with trading and investing in the stock market.

Not a Registered Investment Advisor: We are not registered investment advisors and are not authorized to provide financial advice. The information shared in this newsletter is intended for educational purposes and should not be interpreted as personalized investment guidance.

Potential Conflicts of Interest: We may or may not own positions in the stocks discussed in this newsletter. Our interests in these stocks could create a conflict of interest that may affect the objectivity of our analysis. We are not obligated to disclose our positions in the mentioned stocks.

No Guarantees: There are no guarantees of profit or success in the stock market. Past performance is not indicative of future results. The information in this newsletter should not be regarded as a promise or guarantee of future gains.

Readers' Responsibility: Readers of this newsletter are responsible for their investment decisions and should perform their due diligence, consider their risk tolerance, and seek professional advice when needed.

Liability Waiver: We are not liable for any financial losses or damages that may result from actions taken based on the content of this newsletter. By reading and acting upon the information provided, you acknowledge and accept the associated risks and release us from any liability.

Accuracy and Updates: We make reasonable efforts to ensure the accuracy of the information provided, but we do not warrant its completeness or reliability. The stock market is dynamic, and the information may become outdated. It is your responsibility to verify the accuracy of any data before making investment decisions.

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