A surprise rate cut and weak Chinese economic data is having effects around the world.
Today, Don has his eye on XOM (Exxon Mobil) and he thinks now could be the time to short it.
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 Don’s top trade idea each day.