Bullish seasonality starts today.
And right on cue, breadth expanded to more than just the magnificent seven stocks for the first time in a while.
The bulls have their work cut out for them.
With the economic and Middle East tensions, I wouldn’t throw caution to the wind just because of historically favorable seasonality.
I would continue to look for long plays and short trades, specifically in individual stocks and not on the indices, which are heavily influenced by a few stocks.
Aside from the magnificent seven: NVDA, MSFT, GOOGL. META, AAPL, AMZN. TSLA, most stocks have underperformed cash this year, which might continue. Hence, you want to look for individual short-stock plays.
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