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{June Stock Predictions} These Stocks are Projected to Lead Gains in the Next Bull Market

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imastocktrader.com

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Fri, Jun 2, 2023 06:59 PM

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These stocks have already seen remarkable double-digit growth. Sponsored It is no secret that the be

These stocks have already seen remarkable double-digit growth. Sponsored [Own These Stocks Before The Next Bull Run]( It is no secret that the best time to buy stocks is when their prices are low – and our research team has identified a handful of solid businesses with stocks that are currently “on sale” compared to where they were 2 years ago.[Download this FREE Report Revealing These Stocks]( 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](  These Stocks Poised to Lead the Way in the Upcoming Bull Market [Image]  Hello Stock Traders,  Mark your calendar for 9 AM on June 5, because the Summer Market Summit, a phenomenal event hosted by the trading wizards at Traders on Trend, is just days away! This year, we boast an unrivaled roster of 32 trading aces, eager to share their distinctive market strategies that will be a game-changer for your trading arsenal. This upcoming summit is a convergence of seasoned wisdom and cutting-edge innovation, providing unique insights into the latest market trends that you won't find elsewhere. Keep a close watch for more updates and brace yourself for an insightful adventure that could radically shift your trading paradigm. This one-of-a-kind opportunity is too good to miss! [Secure your attendance now by clicking on this link!](   Now moving forward to our stock market newsletter… Last year was a bit like a glamorous coming-out party for stock splits. Some of the world's superstar companies - you know, the ones whose stocks have rocketed to sky-high prices - decided to have a little fun. They split their stocks, which, just like that magic trick where a magician appears to see a person in half, doesn't alter a company's market value. Instead, it merely divvies up the existing shares into more units at lower prices, making them seem less like luxury goods and more like affordable treats for a wider investor audience. And what's even more intriguing is that this move, much like a peacock fanning out its tail, signals a company's confidence in its stock's future shine. Last year's debutantes who split their stocks have seen their shares leap up by double digits this year. If I were a betting man - and sometimes I am - I'd wager that these same companies will be the bell of the ball in the next bull market. Let's take a closer look. Our first prediction is Amazon.  The rising tide of inflation has put a bit of a damper on this e-commerce titan's party. Customers are feeling the pinch, and Amazon itself has felt its costs rocket. The result? Its first annual loss in nearly a decade. But don't write off Amazon just yet. Much like a hero in an action film, it uses these challenges to restructure and sharpen its operations. Amazon's recent earnings report shows promising signs, like a beautiful green shoot poking through the frosty ground. Operating cash flow is up 38%, and the outflow of cash has improved significantly from the previous year. A significant development is the shift to a regional fulfillment model, which should reduce costs and speed up delivery. As the economic clouds part, customers are likely to have more cash to splash on Amazon, paving the way for the stock's future growth. Our next forecast is Tesla.  Despite the rough economic seas, Tesla reported record figures in quarterly revenue, net income, and operating income in the last quarter. Impressive, right? However, it's not all sunshine and roses. Tesla's most recent quarter was a bit of a downer, with net income and operating margin both taking a hit due to price reductions on some vehicles. While this might cause a bit of heartburn in the short term, it could prove beneficial in the long run by expanding Tesla's customer base, a crucial move given the challenging economic times. Plus, Tesla's chatter about a potential fleet of robotaxis adds a sprinkle of futuristic intrigue, although it's as uncertain as the plot of the next Star Wars movie. Regardless, Tesla's current EV business and future prospects make it a robust contender in any bull market. Now, we have two glittering stars to keep an eye on in the stock market gala. Given their past performances and current strides, it wouldn't be a stretch to believe that Amazon and Tesla will waltz ahead in the next bull market. Just remember, as with any gala, it's crucial to enjoy the spectacle but also tread carefully, and always invest wisely!  Trade safe!  -James  Coming Up Next: With the debt issue finally behind us, learn what are the next risks that may affect the market. Find out in the article below!   SPONSORED 🔽 Sponsored [Protect Your Wealth from Inflation - Your Survival Guide]( Inflation is a silent killer of your wealth. You may be losing more money than you realize, and it could only get worse. Don't wait until it's too late to take action. [Go HERE To Learn How to Protect Yourself from Infl]( By clicking the link you are subscribing to The Investors News Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( Market's Promising Signals: Is It a True Turning Point or Deceptive Momentum? The S&P 500 Index has been eyeing the 4200 level like a determined mountaineer gazing at a peak since last August. With the recent debt-ceiling talks hinting at progress, our mountaineer almost reached the peak, hitting 4231 on May 30th. But alas! Like a weary climber facing an unexpected storm, it had to retreat. The index nestled at 4221 on June 1, and the magic number for a confirmed upside breakout is two consecutive days above 4210. However, even if the S&P 500 overcomes this hurdle, there's another obstacle course at 4300, thanks to the remnants of an island gap (see the circled area on the accompanying SPX chart). But once we clear that, it's smooth sailing, or so we hope. We've had a few false dawns over the past 18 months, so a sprinkle of caution might be our friend. Back to familiar grounds, the S&P 500 finds itself within its usual trading range, boasting support at 4100, and then just below at 4050. If it falters there, we're staring at the wide 3800 to 4200 trading range we've been meandering through for months. Our trusty guides through these market adventures, the equity-only put-call ratios, have waved the green flag for buying. Although, the weighted ratio's enthusiasm is slightly subdued, as its buy signal is coming from a low point, which is akin to asking someone to run a marathon without any prior training. Market breadth, like an indecisive chef, has been flipping back and forth. The recent stock market rally, led by high-tech stocks like NVDA, showed a concerning lack of breadth, similar to a choir trying to hit a high note but not everyone is singing. The number of new 52-week lows on the NYSE has stubbornly exceeded new highs for the past six days, and for most days in the past month, hence, this indicator is firmly sitting on the fence for now. Our friendly neighborhood volatility watchdog, VIX, and its cohorts seem to be leaning towards the bullish side. They're still playing out the May 5th "spike peak" buy signal. However, our rulebook calls for an exit after 22 trading days, and the clock is ticking towards that deadline next week. The VIX "spike peak" buy signal trend (indicated on the chart) continues to hold its ground.  Adding another feather to the bullish cap, the layout of volatility derivatives is singing a positive tune for stocks as the term structures are tilting upwards, and the VIX futures are showing a decent premium. In a nutshell, our market orchestra is producing a somewhat discordant melody, and the S&P 500 continues to waltz within its trading range. It's like trying to dance the tango in a phone booth – slightly challenging! For this reason, we're avoiding a "core" position, but we're always on the lookout for interesting solos, or individual indicator's buy signals, when they're confirmed. In the world of stocks, as in life, timing is everything. So, stay tuned and stay sharp!   Disclaimer:  The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.  Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit tradersontrend.com/terms for our full Terms and Conditions.  COE MEDIA.   1126 S Federal Hwy Unit #827   Fort Lauderdale, FL 33316 [UnsubscribeÂ](  [Privacy Policy](

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