3 stocks / markets that may "spring" into Christmas!
The ASX200 has rallied 6.1% in an explosive 5 days, some consolidation would not be unusual after such a strong surge - see chart below. Similarly, the US equity market has recovered solidly and reached resistance that has capped the market for the last 4 weeks suggesting a likely breather. If equities have completed a correction prior to a strong Christmas rally, fitting with seasonal characteristics, where should investors be looking? It’s usually the "beaten up stocks" that enjoy the best performance during a relief rally. See 3 potential picks in this report. (VIEW LINK)
4 stocks mentioned
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