Jan 27 (market close) update:
Most of the small cap, aspirational growth stocks that we track fell today. Larger, and more profitable stocks held strong. Our CQNS "DOWN" stocks (~40) from this week, and those that used to be on the list in November 2021, were all down with one exception. The market punished stocks with higher volatility. IMO: This is due to the connection between volatility, liquidity, and expected returns.
We ran our CQNS "DOWN" model last night (Jan 25) and came up with these 20 stocks to avoid, especially if the market drops.
We shared them in a video this morning. Interestingly enough, the US Equity Futures are up today, so it will be interesting to see if these rise 'with the tides of risk.' IMO: Risk is higher than expected return, relatively speaking, so these are still stocks to avoid. Could be fun if you like roller coasters. A roller coaster goes up and down (and people make and lose money), but end up at the same place.
Oh, and watch $KMB today. It is snapping back into its trading range. Down almost $8 in pre-market trading today.
Top 22 Down Run picks today (based on last night's market close data):
$LWLG $AADI $PHUN $BRCN $RGC $BSQR $NRXP $EYES $OCGN $CRTX $ANVS $ACY $REPX $BYSI $FREQ $SAVA $MINM $GRTX $PROG $GOED $DCPH $EAR
$CRTX fell 32% this morning. Would have paid for the run :-)
The FOMC call destroyed the 'short bump up' the market was enjoying today, sending the risky indices down 4%+ during the call. The market was flat from press release to call start (so it really was the call).
We re-recorded our Week 4 video tonight after markets closed (with sound this time). Sorry for this morning's video. You can still read the stocks and see the screens we shared.