Summary
- Ongoing MDA stock breakout picks, zombie stocks, ETF trading, Dow picks, and long-term value selections are reviewed ahead of Week 37.
- Cannabis segment is showing strong breakout conditions from August on potential federal policy changes in the coming weeks.
- Invesco DB US Dollar Index Bullish Fund is reaching peak 2023 highs, further validating bearish market directions.
- As interest rates are rising to the highest levels in 22 years, “zombie” stocks with higher than average credit risk levels may be an important focus.
- Long Term January portfolios: Piotroski +31.3%, Positive Forensic +19.4%, Mid-year Growth & Dividend +10.55% and Active ETF up +20.1% YTD.
- This idea was discussed in more depth with members of my private investing community, Value & Momentum Breakouts. Learn More »