The stock market is setting up for an exciting week as investors brace for more carnage following the test of yearly lows last week. With the most amount of put options purchased ever in history occurring on Friday, the risks are high coming into a week filled with Fed speakers and international data. That being said, with the yearly lows still in tact from June, the question is whether or not the stock market will hit more lows and at what price does it finally bottom. I go over the market recap and what to watch in the market this week, then I go over my portfolio and stocks to watch. The 3 stocks to buy are based on what we saw last week as leaders and also the stocks that I think will be leaders this week. I go over FXB stock, related to the pound and the trade developing there. Then I go over XLF and bank stocks as the leader from last week that could be this weeks bell weather. Finally, I go over UNG & oil stocks as whispers of oil's sell off being overdone get louder.
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
