Huge day for US stocks with the S&P 500 closing just 6pts below all-time highs (will be its first ATH since Feb 19th).
Tech (QQQ) is already there.
The market quieted down any concerns over weak breadth today with a broad based advance. Small and Mid Caps rallied hard, finishing +1.6% and +1.4%, respectively.
Along those lines, it was a MASSIVE day for our SMID Cap 6 Portfolio.
All 6 of our portfolio stocks finished up +4% or more.
5 out of our 6 finished up +6.9% or more!
Here’s what’s coming next at Marlin Capital:
My July Preview Report
One element that has become a key part of my trading process is analyzing monthly charts. Monthly charts really cut through all the short-term noise and provide you with the clearest big picture view.
A strong monthly chart helped us identify AEVA, our biggest winner so far in the SMID Cap 6 Portfolio. We have a number of tremendous monthly setups brewing now, which I will be covering in my July Preview Report.
My Top Trade Idea for July
AEVA, my top trade idea for June, has surged an incredible +80% so far this month! 🤩🔥
For July, I’m eyeing a trade setup with a very similar pattern forming. Again, just like AEVA, technicals and fundamentals converging.
Can we do it AGAIN in July!? This one is shaping up to be an A+ setup!
Long Term Portfolios:
Active Portfolio