Many, many moons ago, there was a time I would read the Dick Davis Digest newsletter. Davis would subscribe to most of the popular stock newsletters and then summarize his conclusions in his digest. Davis would look for stocks that were selected in multiple newsletters. Back in the day, those popular stocks tended to outperform.
It isn't Davis, it is Hulbert in this recent column (link). Hulbert highlights six stocks popular in the top performing newsletters. The list:
ABB JNJ MMM TAP SYMC WMT
As always, this isn't advice, or a recommendation to buy or sell. This blog focuses on my short term real money trades, and the thinking behind them. I make forays into the long term, but tend to only write about the long term in general terms, instead of posting every transaction.
As for the stock market, I didn't get the gap down that I was looking for, and the market ended up near unchanged for the day. Calendar seasonality tends towards more downside for the rest of this week. Friday or Monday may be a better entry point on the long side.
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