WOLF - Stormy September Is Behind Us Now Comes Earnings Season And Financials Are Very Interesting
- Always look for patterns be they by the day, month or season. Sometimes even days of the week take on patterns that can make money.
- After several days of hard selling can create margin calls. Further selling the following afternoon even if the market is rallying. Margin clerks indiscriminately sell portfolios to pay for losses.
- Banks traditionally kick off earnings season. For an unknown reason, Banks sell off even if their report is fantastic. This creates a pattern to be taken advantage of.
- I think Chip Stocks are going to be repriced higher; my newest trade is Wolfspeed, a leader in SIC wafer production and chips.
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Stormy September Is Behind Us, Now Comes Earnings Season, And Financials Are Very Interesting