[RagingBull Elite]( The bear market has hammered a lot of stocks. There are plenty of previous high flyers down 80-90% from their peaks. Here's a word of advice I've learned first-hand from over 20 years of watching the market â âcrappy stocksâ that are down 80%+ from their peaks are usually headed lower, and they donât recover. So while it may be tempting to try to buy stocks that have experienced a significant decline in value, there are plenty of reasons why this is a bad idea. Itâs important to remember that when a stock's price falls dramatically, there is likely a good reason for it. This may include poor financial performance, negative industry trends, or a lack of confidence in the company's management. As such, buying into a stock that is already down a lot means that you are essentially betting against the market's assessment of the company's prospects. Additionally, stocks that have recently experienced a significant decline are often considered to be "oversold," meaning that they have been selling off more than they should have based on the company's fundamentals. Thatâs nonsense! When a stock is severely oversold, there is a reason for that â the company sucks! Why would you want to buy a stock like that? Let Kathy Woods do that instead. Here is a snapshot of her ARKK fund full of what I call âdogmeatâ stocks. Who in the world buys this junk? Furthermore, investing in a stock that is down a lot also means that you are taking on more risk than you would be with a stock that is performing well. Now, like Forrest Gump would have said, That's why I [focus on buying strong stocks]( with strong fundamentals and positive long-term prospects â and great chart setups. For me, it really is that simple. Iâll even go one further. Those crappy stocks that are down a lot, I'd be looking to bet on those going even lower! Here's a few examples: UPST: This stock is trash! Why do I think that? Itâs not because Iâve done hours of research into the company and sector and know everything about its business. Itâs trash because the market has told me itâs trash. In 2021 the stock ran from an IPO around $30 to $400. Now itâs trading in the mid 17âs, and continues to get slammed. These are not the types of stocks I look to catch bounces in, the market has taught me that over many years. Itâs my job to get long strong stocks, and short weak ones, and they donât get much weaker than this. ROKU: These rallies probably won't last, but the chart tells me the market thinks that this is a crappy stock! Do I want to buy a rally in a crappy stock? The answer is NO! This stock has been getting sold off aggressively every time it gets bought! ROKU is down from almost $500 in 2021 to around $50 bucks today. Could it bounce? Sure, but the point is it might be more likely to continue lower than go higher. Write this note on a sticky note and put it next to your computer:  I want to buy strong stocks on dips, not crappy ones! That's why rather than trying to catch a falling knife or bottom fishing I want to look at pullbacks in strong stocks! Here's an example: CAT: Here is what I spotted setting up just a couple of weeks ago (this is exactly what I look for in a âBullseye Trade!): When I spot ideas like this, I jump into action. I am so excited to share it with my thousands of members: (actual app alerts I sent out to members telling them my exact plans before they happened!) And hereâs what happened to that trade idea: Yep, that tiny 4% move in the stock led to over a 100% gain on the options. For me personally, that meant that I took a $5000 investment and turned it into $8000 just a few days later! Here was the reasoning I sent to my subscribers: There is a lot to like on the price chart for CAT right now. It is a strong earnings winner, and it continues to grind higher after a one-month+ consolidation. Notice the difference between this [great trade idea](and those 2 dead stocks? That's why I want to get long strong stocks and short weak ones! As I am sure you know by now, [Bullseye Trades]( is my best trade idea that I send out at the start of every single week. After an entire weekend of research and soaking in the prior week, I break down the stock with the greatest potential out of hundreds of stocks. How would one great extra trade setup a week help your trading? After 20 years of experience, I know what to look for when it comes to stocks that have the potential to break-out significantly. Now not all my trades work this well (check out these [trades from 2022]( â Iâm proud of them!), but I can help you think like a pro and develop your own trading plans and playbook. There is 100% transparency and a complete breakdown of my game plan for exactly what, how and why I want to trade the stock â you just canât get any better than that! [bullseye trades banner]( And, thereâs never been a better time to join⦠ð Right now, for a limited time you can get [Bullseye Trades]( for less than 50 bucks ð You read that right, Iâm so committed to helping you improve Iâm basically giving this amazing service away. I know you wonât be disappointed, but in the unlikely event that you are, Iâm even offering a [30-day money back guarantee](. So really, what do you have to lose? For a few more days I am slashing the price from nearly $400 per year. Right now, you can access all of my top ideas each week and unlock everything that Bullseye has to offer for [just $47](. [Bullseye trades products]( See what thousands and thousands of people are raving about! [>> Get my next Bullseye trade here <<]( [Jeff Bishop] P.S. If you have any questions about Bullseye call Jeff Brown @ 800-585-4488 or ([jbrown@ragingbull.com](mailto:/jbrown@ragingbull.com)) and he would be happy to talk about any special offers, payment plans, and help you in any way possible. [ð§ð Forget everything you know about influencer marketing](
* sponsored content
[ð
Where's your next trade idea coming from? Check this before Monday!](
[ð 7 hot small-caps & a new Hidden Gem]( [Image] [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.](   © Copyright 2022, RagingBull  DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneysâ fees, costs and disbursements in addition to any other relief to which it may be entitled. Â