Everyone should know that the best way to catch the breakout stocks for summer 2021 is to look for changes in sentiment.
WealthPress Head Senior Strategist Roger Scott has been stressing this to his subscribers for a while now.
That’s because the biggest driver in a stock’s price is sentiment. There’s not a bigger factor… not even earnings, buyouts or takeovers… nothing.
Changes in sentiment are the biggest long-term changes in a trend. When I say “long term,” I’m not talking about years and years. The move following a change in sentiment tends to last just a couple of months.
So that’s why Roger is ready to give you some of the best breakout stocks for summer 2021 that you can start taking advantage of before the crowd rolls in.
3 Breakout Stocks for Summer 2021
Just look at what happened toward the beginning of 2020, when the stock market shook off. We had the biggest downside in history during the selloff following the COVID-19 crash, and companies that initially were unaffected by the virus still went down.
How’d that happen?
It’s pretty simple — because the market’s sentiment changed. So you can see, sentiment is important and typically it picks up several months in advance.
Right now the market is at all-time highs. But it’s a bit overextended, and folks are starting to think it might not be a good time to buy large-cap stocks. They think if the market is making new highs while these stocks aren’t, then maybe they should wait.
But that’s not how things really work….
When the market is bullish, or trading above its 50-day moving average like it is right now, different rotations move higher and lower.
So as long as the market stays bullish, we’re going to have different sectors show their strengths… move into weakness… then show strength again. That’s just the natural rhythm of how the stock market works.
So let’s take a look at this group of breakout stocks for summer 2021 Roger’s put together that he sees jumping on the recent change in sentiment. If you’ve been keeping up with his videos — and you should be — then you’ve probably heard these names before.
And before you ask yourself why we’re talking about breakout stocks for summer 2021 when it’s still months away, check out the video below and Roger can explain it in more detail.
Also, don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
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