Markets have been exuberant, with the Dow almost back into bull market territory…
On the flip side, we still have layoffs…
And the Fed’s money tightening is still working its way through the economy.
Not to mention the FTX fiasco in the crypto world. Some folks think it’s contained, but I’m not convinced.
I think it’s still working its way through the system and we’ll see some ugly effects developing.
Without a lot of big picture conviction in the markets, I’ve managed to locate a bright spot.
► I see a potential long play on CHPT. Once this stock goes above a certain level, it could make another 10-15% run.
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👉👉 Our total now comes to 29 winners since we started in mid-August! (just 18 losers in that same period, with small losses in each)
Why not join us and get ready for tomorrow’s pick? Subscribe to The Daily Pick right now for just $9/mo!
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.