Stock Market Investing: Early 2024 Weakness Opportunity

Stock Market Investing

The start to the year is in line with expectations after a big Q4

Weakness down to the key locations of either the 25 or 50 day ema is the reasonable range for a correction

A break below Stops on a weekly basis would require a rethink

For now the probabilities favor a shakeout & not the end of the rally or start of something more nefarious

We raised cash on 12/28 & continued thru yesterday but at the same time began increasing our SPY QQQ exposure

Biotech/Pharma continues to be a beacon of strength

Energy is showing signs of a perfect reward vs risk entry point 

And for the 1st time in many moons, we are Long Cannabis!?!?!?

Highlight Stocks to Buy; Stocks to Watch: MSOS MSOX TCNNF GTBIF CURLF ERX XOP OIH SPXL TQQQ SSO QLD TNA UWM 

DISCLAIMER: All of ARMRreport, our trades, strategies, and news coverage are based on our opinions alone and are only for educational purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's/investor's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades/investments should not be based on the opinions of others but by your own research and due diligence.