2023-10-02 08:00:00 ET
Wall Street took another step back last week. I thought my three stocks to avoid for that week -- Opendoor Technologies (NASDAQ: OPEN) , Nike (NYSE: NKE) , and Carvana (NYSE: CVNA) -- were going to lose to the market. They rose 3%, climbed 5%, and were flat, respectively, for an average gain of 2.7% for the week.
The S&P 500 moved 0.7% lower, so I was wrong. I've still been right in 63 of the past 101 weeks, or 62% of the time.
Let's turn our attention to the current week. I see RH (NYSE: RH) , Cal-Maine (NASDAQ: CALM) , and Carvana (NYSE: CVNA) 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