7 Nasdaq Stocks to Sell Now
Nasdaq bulls have narrowly reclaimed critical field position in July. But with more challenged price action to kick-off the workweek and market bears still worthy adversaries, having seven Nasdaq stocks to sell or short and profit from, should the bulls fumble control, could be key to a stronger portfolio in 2022’s second half. Investor anxiety tied to rising Covid-19 cases overseas with Macau casinos closing and a new subvariant in Shanghai. Skittishness in front of the second quarter earnings season. A Wednesday report on consumer prices and fresh look at inflation. They’re persistent bad actors this year and helped drag the Nasdaq lower by 2.26% Monday. What’s more and after last week’s much-needed rally which bullishly reaffirmed a shakier confirmed rally in the large-cap, tech-heavy index, bulls and bears are squarely back at the midfield line or rather 50% retracement level of the Nasdaq’s historic pandemic driven bull market. 5 Best Stocks to Buy if You Have $100 to Spend Today and in case the third quarter calls for investors to play a defensive and bearish game, here are seven Nasdaq stocks to sell or short before they get sacked even harder.
7 Nasdaq Stocks to Sell Now
Nasdaq bulls have narrowly reclaimed critical field position in July. But with more challenged price action to kick-off the workweek and market bears still worthy adversaries, having seven Nasdaq stocks to sell or short and profit from, should the bulls fumble control, could be key to a stronger portfolio in 2022’s second half. Investor anxiety tied to rising Covid-19 cases overseas with Macau casinos closing and a new subvariant in Shanghai. Skittishness in front of the second quarter earnings season. A Wednesday report on consumer prices and fresh look at inflation. They’re persistent bad actors this year and helped drag the Nasdaq lower by 2.26% Monday. What’s more and after last week’s much-needed rally which bullishly reaffirmed a shakier confirmed rally in the large-cap, tech-heavy index, bulls and bears are squarely back at the midfield line or rather 50% retracement level of the Nasdaq’s historic pandemic driven bull market. 5 Best Stocks to Buy if You Have $100 to Spend Today and in case the third quarter calls for investors to play a defensive and bearish game, here are seven Nasdaq stocks to sell or short before they get sacked even harder.