Beyond the Panic: Finding Strength in Apex Assets

In the bustling marketplace of stocks, where emotions run high and selloffs can send even the most seasoned traders into a frenzy, there lies a secret to finding calm amidst the storm. Imagine the stock market as a vast jungle, teeming with both danger and opportunity. While many are lost in the thickets, panicking at every rustle, we have our eyes on the apex predators—the stocks that continue to rise, undeterred by the chaos around them.

The Apex Assets: Your Guide to the Market's Top Performers

Welcome to the third year of a bull market, where the key to success is not in timing the dips but in riding the waves of the strongest stocks. Our custom scan, the Apex Assets, is like a treasure map, guiding us to the stocks with the most actionable setups. While some of your favorite stocks are trapped in their own bear markets, experiencing over 20% declines, we are trading stocks that just made new 52 week highs. These stocks are outperforming the market on a relative basis, and that’s our goal as traders seeking alpha to outperform the market. Otherwise you should just be holding the major indices.

Take Progressive Corporation (PGR), for instance. Last week, we shared a setup with our private trading group members, showcasing a beautiful base formation.

This pattern has been our go-to throughout the bull market, and it hasn't let us down. It’s the pattern that has worked, and we think will continue to work as long as this bull market stays in tact. PGR hit our first bullish price target after its base breakout, proving once again that strength begets strength. It doesn’t have to be complicated, find a base pattern formation in the best stocks right now, and look to trade those base breakouts.

Special Gift: A Peek into the Apex Assets List

For our readers this week, we're offering a special gift—a glimpse into the Apex Assets List, complete with a couple of trade ideas.

Consider McKesson Corporation (MCK), which has just broken out of its cup and handle pattern. If MCK stays above $630, we want to be long, targeting the short-term levels marked by dashed lines and intermediate levels by solid lines. Should it fall below $630, we'll step aside, preferring to buy into strength and follow the trend.

Then there's Medtronic (MDT), another stock with a promising cup and handle formation. If MDT breaks out above $92.68, we want to be long, aiming for the levels listed above. These setups are not just opportunities; they're invitations to join the ranks of those who thrive in the market's wild terrain.

Join the Investment Intelligence Private Trading Group

If you're ready to elevate your trading game, consider joining the Investment Intelligence Private Trading Group. Gain access to our Apex Assets List every week, along with exclusive trade setups and insights by clicking here. There is even a free 7 day trial so you can see if it is right for you. It's your ticket to navigating the market with confidence, armed with the knowledge and strategies that set successful traders apart.

In the ever-changing landscape of the stock market, the Apex Assets will be your compass, pointing you towards the stocks that lead the charge. Whether you're new to investing or a seasoned pro, embracing this approach can help you stay ahead of the curve and seize the opportunities that lie in wait.

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