The "Magnificent Seven" mega-cap tech names that grab all the headlines and rule Wall Street with their outsized influence have been masking a pretty rough year for everything else. While we do see opportunities out there, we are compelled to make sure Club members understand the dynamics at play so they can gauge the risks and rewards of this tricky market.
Buy low sell high is what we aim to do at the Club, focusing more on the individual companies and underlying business fundamentals than the broader market. We do take cues from the overall market on whether the market is overbought or oversold. Coming into Monday, our closely watched S & P 500 Short Range Oscillator continued to flash oversold.
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