With the market following through on S&P500 on April 2, 2020 and a follow-on follow through day on April 6, 2020. We have put together a blog post highlighting the progress of some the leadership stocks the past week and showcasing our teams work.
The April 1 Top 10 Report highlighted: “Leading growth stocks finished yesterday’s session in considerably better shape than the general market, which is a positive sign.”
The April 8 Top 10 Report highlighted: “There are many fundamentally sound, leading growth stocks that have continued to hold up much better than the general market, which is considered a healthy and constructive sign.”
The April 13 Top 10 Report highlighted: “Looking at the action of the current leadership to be the most helpful. So far, many stocks with sound leadership characteristics have been making progress to the upside and reclaiming major areas of resistance. Until we see evidence that points to the contrary, we will operate on the basis that this action will continue moving forward from here and will eventually lift the major indexes as well.
What we just stated above is not a prediction. It is simply our interpretation of the market’s leadership at current levels. What happens in reality, may be the exact opposite. However, the idea is to be constantly managing risk and to always be prepared to deal with either scenario.”
Click the blue bars for details. 🙂
Some examples from our @TLPrivate_ team