[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]
[/video_player]
The “feel” of the market is strange right now. It feels like someone saw a fire and pulled the alarm… but investors are essentially treating it like a fire drill.
We’re not seeing panic, chaos, mass capital destruction – just a big selloff of the marquee names like Nvidia on the NASDAQ. Stocks like NVDA, AVGO, and AMD were sold off anywhere from 6% to 8.5%.
In a market like this, safety is possible. In fact, it’s downright lucrative. Classic defensive sectors like utilities, healthcare, and consumer staples are packed with opportunities.
No need to panic – Dominion Energy, Abbott Labs, Procter & Gamble, Colgate-Palmolive, and plenty of others, are looking great right now, proving that there’s still plenty of action on the long side.
We’re going to look at those names and a lot more in tonight’s video…
