2 Stocks to Watch for Upside Potential

Some life coming back into the marketplace… For 60 Seconds with Jon Najarian Readers: Your subscription has changed - [click here for more details.]( [Rude Awakening with Scott Stewart] 2 Stocks to Watch for Upside Potential [Daily Video]( Recommended Link [3X Your Money After the Election?]( [Read more here...]( Two of the brightest financial minds have come together to discuss the election… The volatility surrounding it… And how you can financially prepare for the fallout. You’ll want to make sure to catch this pre-election event. [Click Here to Reserve Your Spot for FREE]( [Scott Stewart]Scott Stewart Editor, Rude Awakening Welcome to today’s Rude Awakening… A few good pieces of news are pushing markets a bit higher after yesterday’s selloff. Let’s find out what’s going on. Markets Trying to Push to the Upside Trying is the key word here. Yesterday we had an absolute bloodbath. All our technical indicators are still in sell mode. And now, volatility is rising. If you look at the VXX — the volatility indicator — popping to the upside this morning. When we see the VXX move from a 22 to a 27 level in one week’s time, traders know there is a lot of fear in the marketplace. We’ll have to keep a close eye on these levels as we go through the trading day. The S&P, NASDAQ, and the Dow are all trying to push higher as the morning’s continued. And it’s all due to a couple of economic news items that just came out. First, we had the US GDP numbers come out for the third quarter today. And, as Fortune reports… “The economy just experienced its fastest three months of growth in U.S. history.” We saw 32% growth in our gross domestic product in Q3… While that’s great, it just makes up for the 31% contraction we saw in Q2… Which might be why that Fortune article was titled: [IMG 1] Overall for 2020, GDP is still down 3.5% since the end of last year. But the Q3 record is giving the markets some life. The other piece of news is the jobless claims coming out this morning… 22 million people still without work, although the numbers are employing. It’s a moment of consternation for the markets… our greatest 3-month growth ever, with still-high unemployment. The markets are seeing a lot of activity, in all of our technical indicators. So, what sectors can we look at for trade opportunities? [IMG 2] Energy is getting hit hardest right now. So, let’s take a look at some trading ideas based on sector activity… Recommended Link [If You Use Apps, a Smartphone or Online Banking…]( [Read more here...]( You’d better read this. Because, says world-famous futurist George Gilder, we’re headed for a stunning $16.8 trillion reboot that could impact the way you use every single one of those modern tools. It could also radically transform the way you get paid, the way you save and — maybe most of all — the way you invest for retirement. It’s all in his brand-new presentation — you’ll find it at this link. What you’ll see could change our way of life, the way microchips did. The way the internet did. The way smartphones have. And, says George, it could make you exceedingly rich... [Click Here to Learn More]( 2 Opportunities in All the Market Confusion The Boeing Company (BA) is looking like it’s finding a bottom here, down around the $145 level. We are not yet seeing buy signals in our technical indicators, but this is definitely a stock to keep on your potential buys watchlist. The other opportunity is in United States Oil Fund, LP (USO), a fund that’s getting utterly crushed right now. Again, no buy signals yet, but as it’s looking to form a new bottom, this is another for your watchlist. These are some companies worth watching, for upside potential! [Click here to watch the video for all the details.]( Have a safe trading day folks. We’ll talk tomorrow. Regards, [Scott Stewart] Scott Stewart Editor, Rude Awakening Recommended Link [Crash-Prone Stocks Hiding in your Portfolio]( [Read more here...]( Recent research by America’s #1 independent ratings agency shows that 7 out of 10 stocks are in grave danger. Investors holding on to vulnerable companies are setting themselves up for the kill. But they can avoid disaster by getting their hands on this “endangered list.” [See Which Stocks Are on The List]( [Whitelist Us]( | [Archive]( | [Privacy Policy]( | [Unsubscribe]( Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Paradigm Press delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [unsubscribe](. 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