It is taking a lot more work(time) to find and sort right now, but there are some good areas of focus and some really good value to be found. Tech especially not so good (losses taken there), the energy and financial sectors are where a lot of money is going, energy especially yesterday when markets were taking a big dip, the S&P energy sector was going gang busters north.
The volatility for traders can be great and was yesterday. It was like throwing darts almost, there was so many great trading opportunities, just couldn't even begin to get them all. Got RIVN early for example at $77 sold $85+ in just a few hrs, there were quite a few more yesterday. Bought FANG (energy) Monday morning for about $110, sold yesterday for about $123 (might go back in, have to see if trend continues or it might pull back a bit). E, BP, CVX, and more all trending up.
Yesterday and this week, been getting %10+ with short term trading with most all trades. Some stopped out and went out manually for small loss, but overwhelmingly very positive. All pretty solid stocks, not the big gains of the pumps or stinky SPACS, but I'm happy with 8-10% gains in hrs to weeks.
The long term plays are taking some time, (along with all the scanning and playing short term) not really having time to read other news (besides market news) or keep up on the boards of interest, so I guess it isn't "easy money", but I think it will be worth it more in the end and I've had too much money dead for too long, so I've got to get serious and this year I see as maybe the opportunity to do that. We know that no matter what happens short term (I think we have some crap hitting the fan the next month or two), long term the market is up.
SPY down early morning, so batter up and pick your poison. LOL
“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes
AI
