ARMR Action: No Longer the Magnificent 7, Let's Call them the Hateful 8

The ARMR Report

Stock Market Investing: Seasonality would suggest the grind higher continues Nothing is standing in the way of a year end melt up or continued grind higher at the very least. A rally of this strength would be described by physics as an irresistible force & only and immovable object could cause a possible pause. You could study technical analysis for years [and I have so what I'm about to write is, in all humility, fact] & never come across the multitude of classic chart pattern breakouts occurring in multiple sectors seemingly unrelated all at once. These price movements are happening on a canvas of a 2 year stealth Bear market. I say "stealth" because Big Cap tech & its overweighting in indexes shielded the innocent from the destruction & 80%ish drawdown in many growth stocks. But now a masterpiece of a Bull market is being painted & still I hear whining about the Magnificent 7 having too much of a pull. So today I offer you a new name for the generals in this unfolding tsunami of a Bull market. I say we add NFLX to the list and call it...wait for it... The Hateful 8: MSFT AAPL NVDA TSLA META AMZN GOOGL & NFLX DISCLAIMER: All of ARMRreport, our trades, strategies, and news coverage are based on our opinions alone and are only for educational purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's/investor's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades/investments should not be based on the opinions of others but by your own research and due diligence.