[Altos Weekly Traders Edge] 5 Dogs of the Dow that Could Reverse..Details Inside

[REVEALED: Secrets to trading on Earnings Announcements]( Inside the strategy guide - How top traders use this earnings trading strategy over and over [Download Now]( By clicking the link above you agree to periodic updates from WealthPress and its partners ([privacy policy]( Risk Appetite is Back: Meme Stocks and Crypto Back on the Menu Weekly Market Overview Hi Traders, Tech stocks are currently riding a wave of seemingly unfettered growth, mirroring the enthusiastic investment into speculative stocks and the cryptoverse. Riskier investments are currently drawing a lot of attention, with bullishness in the options market soaring to unprecedented levels. The revival of speculative stocks is blatantly evident. For instance, the MEME ETF, associated with the Solactive Roundhill Meme Stock Index, has witnessed a whopping 61% increase this year. Companies in the ETF's spotlight include Riot Platforms, a Bitcoin miner whose value has surged by an extraordinary 439%, and Upstart Holdings, an artificial-intelligence lending platform, which has shot up by 308%. Other firms seeing notable ascents include Coinbase Global, boasting a 196% increase, Rivian Automotive up by 34%, and Carvana which has rocketed by a staggering 740%. Many of these companies are seeing record-breaking levels of options trading, indicative of the current feverish market activity. The vibrant market environment has even breathed new life into Bitcoin, which against all odds, has climbed by an impressive 80% this year. A similar bullishness is evident amongst retail traders. This month saw the highest level of bullish sentiment, represented by the expectation of further stock rises in the following six months, since 2021, according to the American Association of Individual Investors. The bull-bear spread, which reflects the difference in sentiment between investors expecting a stock market rise and those predicting a decline, has remained in positive territory for six consecutive weeks, an occurrence not seen since November 2021. Additionally, overall confidence in the economy is growing amongst Americans. The University of Michigan's consumer sentiment survey reported a rise to 72.6 in July, from 64.4 in June – the most significant increase since 2005 and the highest reading since September 2021. The market's fear factor seems to have diminished as well. Instead of purchasing options that serve as a safety net against falling stock prices, investors are favoring bets that would result in a payoff if the rally sustains. As a testament to this relaxed attitude, the put-call ratio, a key indicator of fear in the options market, has fallen to its lowest point since January 2022. Despite this optimistic outlook, some market contrarians predict the brewing of a perfect storm for a crash. Recalling late 2021, retail investors exhibited similar euphoria, with a low put-call ratio and an unflustered VIX. By early January 2022, however, the major stock indexes had reached their peak, leading to a 19% loss for the S&P 500 that year. Adding to these concerns, the impact of higher borrowing costs could potentially curtail economic growth. For instance, rates on auto loans and mortgages have surged by approximately 3 percentage points over the past year, and interest on credit cards has risen to 22% from 16%. As borrowing becomes more expensive, the availability of credit for businesses diminishes, making it harder for companies and households to secure loans. Furthermore, while inflation has receded to 3% in June, it still overshadows the Fed's target rate of 2%. Consequently, the fear is that this elevated inflation may become the new norm for Americans. Consider this a warning, since this is not a promising recipe for investors, particularly if we face a stagflation scenario. Just be mindful of what you eat, in the markets that is. - The Team at Altos Trading Up next: Check out these 5 stocks that can turn from total underperformers, to stars of the show for 2023! Sponsored [Build Wealth 10x Faster By Doing This]( As you know, the stock market has been volatile lately, and there's a lot of uncertainty in the air. But we want to assure you that this is not the time to panic. In fact, it's the time to be buying stocks.[Go HERE to Get Their Names And Ticker Symbols]( By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( 5 Dogs of the Dow that Could Reverse and be Total Winners for the Rest of 2023 The Dogs of the Dow is an investment strategy initially presented to the world by Michael Higgins in 1991. This approach concentrates on maximizing investment returns by purchasing the ten highest dividend-yielding stocks from the Dow Jones Industrial Average annually. The Nasdaq has soared over 36%, and the S&P 500 has risen nearly 18%, suggesting that investors who are attempting to keep up with the major tech corporations driving the market rally might find themselves in financial jeopardy, especially as the most lucrative short-term profits have likely already been reaped. To provide a clearer picture, here are the current five highest-yielding Dogs of the Dow, ranked by yield. All are rated as "Buy" across Wall Street, but it's important to underline that no single analyst report should be the sole basis for any investment decision. First on the list is Verizon Communications Inc. (NYSE: VZ), a top telecommunications stock offering exceptional value at its current levels. With a robust wireless network that serves around 120 million mobile connections and 115 million postpaid subscribers, Verizon's fiber-optic network provides a variety of converged communication, information, and entertainment services. However, recent concerns over lead phone lines have affected Verizon and other telecom giants, potentially suppressing stock growth in the near term. Regardless, many see this as an excellent buying opportunity. Verizon currently offers a 7.67% dividend yield. Next is Walgreens Boots Alliance Inc. (NASDAQ: WBA), a massive drugstore chain operator that trades at a modest 7.5 times 2023 earnings expectations, offering a safe retail investment option for those seeking healthcare exposure. Walgreens operates through three segments and provides a wide variety of products and services, offering a 6.46% dividend yield. Third, we have 3M Co. (NYSE: MMM), a diversified technology company that stands to benefit from an economic upswing. Despite a dip in share price this year, 3M offers a 5.87% dividend yield. The fourth highest-yielding Dog of the Dow is Dow Inc. (NYSE: DOW), a materials science company born from the merger of Dow and DuPont in 2017. The company operates across various sectors, including agricultural sciences and consumer solutions, offering investors growth and income potential with a dividend yield of 5.29%. Finally, we have the technology behemoth, International Business Machines Corp. (NYSE: IBM), an excellent entry point for investors seeking a conservative approach to leverage the surge in artificial intelligence (AI). The company operates through four business segments and has committed to investing $20 billion over the next decade to develop and manufacture semiconductors, mainframe computers, and technology used for AI and quantum computing. IBM offers a 4.95% dividend yield. For investors, the challenge lies in predicting when this increase in rates will impact the economy negatively. Based on historical trends, this is likely to happen at some point, making these top companies with substantial and reliable dividends a potentially smart investment at this time. Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street Suite 169 Boise Idaho 83714 USA Disclaimer: The Altos Trading Alert Newsletter is published as an information service for subscribers, and it includes opinions as to buying, selling and holding various stocks and other securities. However, the publishers of the Altos Trading Alert Newsletter are not brokers or investment advisers, and do not provide investment advice or recommendations directed to any particular subscriber or in view of the particular circumstances of any particular person. Altos Trading, including its owner, does not participate in any trades issued through the alert services. Subscribers to Altos Trading or any other persons who buy, sell or hold securities should do so with caution and consult with a broker or investment adviser before doing so. Trading securities and options involves risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade securities and options, and must meet suitability requirements. Past results are not necessarily indicative of future performance. Performance figures are based on actual recommendations. Due to the time critical nature of trading, brokerage fees, and the activity of other subscribers, there is no guarantee that subscribers will mirror the performance of the service. Performance numbers shown are based on trades subscribers could enter based on the trade alerts. Altos Trading, LLC assumes no responsibility for any losses incurred by any individual or entity as a result of trade alerts or strategies taught through courses or coaching services. 7154 W State Street Suite 169 Boise Idaho 83714 USA [Unsubscribe]( | [Change Subscriber Options](