As students head back to school these stocks will benefit [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, In the blink of an eye, summer is almost over. And as millions of kids head back to school, it’s time for investors to jump into oversold back to school stocks. Look at Target (SYM: TGT), for example. --------------------------------------------------------------- Company: Target (SYM: TGT) After slipping from about $150 to $135.50, Target appears to have caught strong support dating back to late 2023. It’s also oversold on RSI, MACD and Williams’ %R and could push aggressively higher, especially with back to school season already here. Also, while Wells Fargo and JPMorgan just lowered their price targets on TGT, that negativity appears to have been priced in. Helping, analysts at Truist raised their price target to $156. Also, analysts at UBS just said the stock is attractive heading into earnings. “We think Target’s setup heading into the second-quarter print [on Aug. 21] is favorable. The sentiment for the stock has been mixed. The market is grappling with recession fears, uncertainty related to tariffs, recent volatility in consumer spending, and the risk to the second-half outlook. We think this cautious sentiment has weighed on the stock, leading to an even more favorable risk-reward profile,” according to the firm, as noted by Barron’s. --------------------------------------------------------------- Hartford Gold Group [Morgan Stanley Sounds Alarm On “Death Of US Dollar”]( [money]( [These 42 powerful nations]( just launched the first-ever “Anti-Dollar Alliance”… And together, they plan to KILL the greenback and DETHRONE America once and for all. Leading the charge are the usual suspects: Russia, China, Iran, oil-soaked Saudi Arabia, and even our neighbor, Mexico. [Download your free "US Dollar Collapse" guide now!]( --------------------------------------------------------------- Company: Walmart (SYM: WMT) Even Walmart (SYM: WMT) is technically oversold at $67. It’s also just starting to pivot from over-extensions on RSI, MACD and Williams’ %R and could race back to $71 initially. Wells Fargo also just reiterated a buy rating on WMT with a $75 price target.Â
“The firm continues to favor Walmart given its offense/defense combo. Wells expects Walmart to deliver on the 3.0%-3.5% comp bar and sees potential for some upside to consensus EPS given management’s conservative track record on guidance. It also expects the company to further solidify its view of full year EPS above the high end of initial guidance,” says TheFly.com. --------------------------------------------------------------- T3 Live [3 trades that cost less than $1](
On May 23rd, I opened up 3 trades that cost just $0.85 a share. Now, we used options so you’re buying 100 of them for $85… but still, $85 to get access to both Google and Apple at the same time is pretty remarkable. Here’s what happened… we ended up profiting 117% total even though two of the trades didn’t work! We only need to win 1 out of 3 to be profitable. I’ll share exactly how to do this. [Click here to access my #1 options strategy for overnight wins!]( --------------------------------------------------------------- Company: Amazon (SYM: AMZN) Even Amazon (SYM: AMZN) has become ridiculously oversold and over-extended on RSI, MACD and Williams’ %R. From its last traded price of $166.04, we’re looking for an initial bearish gap refill at around $185 near term. --------------------------------------------------------------- Trading Tips [5 stocks that can double in 2024](Our friends at Trading Tips have carefully selected 5 stocks that they think have the potential to double in 2024 and compiled them into a free report for you. It’s designed to be clear and helpful, without any unnecessary fluff. Access your free report by clicking the link below and you also get a free subscription to their newsletter, providing daily trading & investing ideas on all the hottest trends! [Download your free report that reveals the 5 stocks that could double in value in 2024.](
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