Trading Tips With Jim Stromberg

#22/2023 - Adding Foot Locker Inc (FL) to the Portfolio: Exploring Upside Potential Amid Market Volatility


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This week, we have made the decision to add Foot Locker Inc (FL) to our portfolio. The choice is based on the promising low RSI, indicating the potential for significant upside. Similar to our successful Pinterest pick in week 20, which has already yielded a 13% increase in the portfolio, and the Nvidia pick from week 19, we believe Foot Locker holds promise.

However, it is important to acknowledge the prevailing market uncertainty as economic indicators continue to worsen. While the potential solution to the debt ceiling issue may provide some relief, its ability to sustain market momentum remains uncertain.

We are excited to announce that at Stockinvest, we now offer AI analysis utilizing the advanced capabilities of GPT-4. This enhancement allows us to provide even more comprehensive insights for our investors. Additionally, Jim's auto trading bot is up and running, and the results and insights of this will be shared in the upcoming podcasts!

For more trading tips and in-depth analysis, we invite you to tune in to this week's trading tips podcast with Jim Stromberg. Stay informed and take advantage of the potential opportunities in these challenging times.

This and much more in this week's trading tips podcast with Jim Stromberg

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Trading Tips With Jim StrombergBy Jim Stromberg

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