How I Closed 12 Winners in One Day
2023 will go down in the books as the year we saw the narrowest stock rally in decades.
Seven stocks, all of which are in the tech sector, were responsible for the big gains in the markets.
Companies like Nvidia (NVDA) soared on the back of technology and innovation. And despite the Federal Reserve ratcheting interest rates higher throughout 2023, Nvidia and the rest of the “Magnificent Seven” pushed aside the historical truth that higher rates are bad for tech stocks.
So, what now?
Should we expect another 50% move higher for the Nasdaq in 2024?
I would not bet on that. However, what I would bet on is a reversion to the mean.
More on that in a moment…
In 2023, I set War Room members up for a series of trades that we took gains on throughout the year.
But there was a special group of stocks (all non-tech stocks) that were on sale. We used these to set ourselves up for even bigger gains.
And on Tuesday of this week, we took gains on 12 positions… in one day.
Here’s the list:
What is unique about all these trades is that they were all “reversion to the mean” trades.
Reversion to the mean in investing refers to the tendency of stock prices to return to their historical average over time.
Investors often consider this phenomenon because it suggests that unusually high or low prices are likely to correct toward the mean.
However, it’s essential to note that market conditions and other factors can influence stock movements, and reversion to the mean is a general trend rather than a guaranteed outcome.
This year, I am looking for that reversion to continue in several non-tech stocks. If I’m right, then we could be in for another stream of winners just like the ones we saw this week.
YOUR ACTION PLAN
If you want to know exactly where to find these “reversion to the mean” tickers, look no further than The War Room. Here you’ll see me and Bryan apply these strategies on a regular basis to make large gains on both short-term and long-term trades.
Click here to unlock The War Room today.
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