US Inflation might “appear” to have peaked, but today the UK reminded us that inflation is still a threat with double-digit inflation numbers (over 10%) coming out today.
Despite today’s market selloff, nothing indicates a change of direction… yet.
Today’s Daily Pick opportunity lies in F (Ford) — it’s overvalued on both a fundamental and technical basis and I see it heading lower.
For details on how to play it, subscribe to The Daily Pick right here.
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.