Is This a Bull Trap?

The stock market is in the midst of a brutal correction. Despite Monday’s bounce, investors should remain cautious as there remains a considerable downside risk. Read on to find out how the POWR Growth portfolio continues to outperform the S&P 500 (SPY). shutterstock.com – StockNews (Please enjoy this updated version of my weekly commentary published…

3 High-Quality Stocks to Buy During This Market Selloff

The near-term market outlook remains cloudy. While the S&P 500 is about 3% above its late-February lows, the Nasdaq and Russell 2000 have already undercut these levels. Below are 3 such stocks that investors should consider buying during this market correction: Anthem (ANTM), Pfizer (PFE), and Builders FirstSource (BLDR). shutterstock.com – StockNews The near-term market…

It’s Time to Book an Appointment for Teladoc Stock

Fifteen months ago, Teladoc Health, Inc. (NYSE: TDOC) could seemingly do no wrong. The virtual healthcare provider’s stock climbed above $300 amid surging interest in all things remote.  MarketBeat.com – MarketBeat Little has gone right since for the former pandemic superstar. Hospital and health clinic facility reopenings and a wave of competition have sunk the…

Saia Growth Accelerates But It May Not Matter 

Saia Moves Lower On Strong Earnings  LTL-shipper Saia’s (NASDAQ: SAIA) revenue growth accelerated for the 3rd consecutive quarter and to a new high but it may not matter. The truckers have been trading like a recession is already here and, based on the FOMC outlook, one may actually be on the way. Until then, demand…

GitLab Stock is Trying to Put in a Bottom Here

Software development applications platform Gitlab (NASDAQ: GTLB) stock has fallen over (-60%) from its $137 high on Nov. 9, 2021. The best-of-breed DevOps platform had a strong following heading into its IPO in October 2021. DevOps is a process that optimizes the systems development process combining software development and IT operations, thus the term DevOps.…