EPISODE · Oct 28, 2023 · 2 MIN
Market Analysis - Identifying Rising Stocks
from Alpesh Patel Pips Predator and Trading Champions · host Alpesh Patel
Despite a sharp decline in the market, I analysed the S&P 500 stocks that have risen over the past three months, focusing on those with momentum not considered overbought. I used monthly and weekly MACDs to identify potential stocks in oversold territory. Seagate has mixed analyst reviews and is overvalued based on discount cash flow (DCF). Akamai shows potential with its momentum, but its weekly MACD may turn lower. Its DCF suggests undervaluation. Digital Trust Realty, a real estate-related company, has a decent DCF evaluation. CME (Chicago Mercantile Exchange) is somewhat flat with an overvalued DCF. Of all the stocks that rose in the last three months, only these showed long-term momentum suggesting they were not overbought. However, none inspire significant confidence for investment. Follow me on LinkedIn: https://lnkd.in/e9FFsybJ Follow my YouTube channel: https://www.youtube.com/channel/UChJeyFshCmwND6-aY3pSs3Q Join My Private Great Investments Programme www.alpeshpatel.com/shares Visit www.campaignforamillion.com to avail of free educational resources to make you a better investor ---------------------------------------------------------------------- RESOURCES & LINKS ---------------------------------------------------------------------- https://www.pipspredator.com https://www.investing-champions.com https://www.trading-champions.com #tradingonline #investing #trading #pipspredator #alpeshpatel #business Subscribe to my newsletter for more tips: https://www.alpeshpatel.com/blogsignup Subscribe to my Telegram channel for daily market information: https://t.me/pipspredator Follow me on my LinkedIn Page: https://www.linkedin.com/in/alpeshbpatel/ Join my Facebook community: https://www.facebook.com/tradefx4profit Follow more free resources including my book from www.investing-champions.com and www.alpeshpatel.com My daily insights are on my instant messenger app - also free. Alpesh Patel OBE
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Market Analysis - Identifying Rising Stocks
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