2023-05-08 07:45:00 ET
Wall Street's rally late last week wasn't enough to get it out of the red. I thought my " three stocks to avoid " -- MicroStrategy , Cinemark Holdings , and Ford -- were going to lose to the market in the past week. They slipped 1%, fell 4%, and rose 1%, respectively. The final result was an average dip of 1.3% for the week.
The S&P 500 inched 0.8% lower. I was right. I've been correct in 52 of the past 81 weeks, or 64% of the time.
Let's turn our attention to the week ahead. I see Yeti (NYSE: YETI) , Robinhood Markets (NASDAQ: HOOD) , and Electronic Arts (NASDAQ: EA) as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.
For further details see:
3 Stocks to Avoid This Week