Here the week’s bullish watch-list and there is no doubt a lot of question marks in the air right now.
People are wanting to be freaked out by the MH17 airliner that was shot down and people are wanting to be nervous about the Israeli ground attack in the Gaza. At the end of the day, does it really matter for the market? No. Can these events get worse? They shouldn’t. As a result, it is hard to get bearish on this market until there is that pipeline of bad news pouring in regarding events that would create legitimate concerns about the market itself.
I consider the news a few weeks back about the Portugal bank that was having issues a far bigger threat to the market than the current crop of news driving prices down at the moment.
As a result, you will want to keep this list of bullish stocks ready, and know in advance which ones you want to pull the trigger on for when this market does in fact turnaround yet again.
Here’s the list of bullish trade setups:
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