Dumpster Diving
Dumpster Diving
How my ‘Stocks to Avoid’ Watch List is faring in this market
Two nights ago I started writing an update to my Stocks to Avoid List. Here’s what the first sentence said...
This market is brutal to almost anything that isn’t reporting results or guidance exactly as expected, especially for companies that are on thin ice to begin with.
Before I could hit send Thursday morning, the market took off... and almost every stock in the dumpster suddenly looked like found treasure.
Bad News Became Good News
Overnight, bad news in general became good news...
But then I stumbled on something I found interesting, and it has to do with my Stocks to Avoid list, which is the centerpiece of my Red Flag Alerts... which you can access in the Red Flag Alerts tab at the top of this page. (Or click right here.) Below are the closings prices from Wednesday and Thursday...