The traditionally bearish month of September is looming. The Cycles Research screen is tuned to finding stocks to buy for August trades. It is likely advisable to hold these into late August.
NVIDIA
NVDA
DIA
is at the top of the screen. It is, of course, ranked highly in relative strength, having been a stellar performer. The stock is also well-rated seasonally having risen 75% of the time in the month of August. The histogram of monthly expected return is below. The stock is very extended, but the high ratings are supported by short-term buy signals. The stock is likely to be in the $500-$525 range by late August.
Subscribe
Gain access to all our Premium contents.
More than 100+ articles.
Buy Article
Unlock this article and gain permanent access to read it.