Growth Names Still The Go-To Port Of Call
In recent days, the equity markets have seen a rotation out from technology stocks (XLK) to “value” names that were hit hard during the COVID-19 pandemic. These “value” names were in sectors such as travel, airlines (JETS), hotels, financials (XLF), energy (XLE).
In my marketplace service The Naked Charts, I always stress the importance of placing a stop loss on each and every position. I use technical charts and price action to identify positions to enter that provide maximum risk-reward, and …
