Pocket Pivot Review - QE Ru9nners - Follow-Up 3/13/23
|13 Mar 2023 12:06 ET
Some basic pointers here. Do not chase BFBGUs in these QE Runners that we're looking at currently. Look for the optimal entries as close to the intraday lows as possible. Also keep in mind that while the market is rallying the situation remains fluid. The Fed could easily decide that an asset rally is not what it needs right now and try to talk this down, or emphasize that it does not represent a return to QE. Also consider that we have the CPI report tomorrow, and the PPI on Wednesday. However, we feel it is a good idea to have some QE-beneficiary stock ideas in your back pocket, and the BFBGUs reported on earlier would present a reasonable group of candidates. Do your homework and exercise proper trade and risk management.
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