Adding Qualcomm to my long-term 50 Stocks Portfolio tomorrow
Today, October 6, I made Qualcomm the #6 Pick in my 10 Perfect Stocks Special Report. As of October 7, I will be adding Qualcomm to my long-term 50 Stocks Portfolio.
Today, October 6, I made Qualcomm the #6 Pick in my 10 Perfect Stocks Special Report. As of October 7, I will be adding Qualcomm to my long-term 50 Stocks Portfolio.
Tolstoy was wrong when he wrote at the beginning of Anna Karenina that “All happy stock markets are alike; each unhappy market is unhappy in its own way.” (That’s what it says in the original Russian, I swear.) Truth is that all happy stock markets are different.
There are the long rallies from valuation bottoms that come after a disaster like the Global Financial Crisis and the Great Recession. There are the sharp quick explosive moves higher that come after the passing of a panic with less damage than expected like that after the Pandemic meltdown in the spring of 2020. And, among all the other happy markets, there are the market melt ups that come after a long bull market has already driven valuations to nose-bleed levels. Sometimes that melt up turns out to be the final blow out stage that comes before a big correction–but not always. And sometimes the melt up just drives stocks to a high where they stagnate while fundamentals catch up with prices. I believe we’re in the midst of a market melt up now. In this Special Report I’m going to outline the ways in which this “happy” market is different; give you advice on how to adapt this rally to your portfolio goals; and finally give you 10 picks for profiting from this melt-up.
A report from Japan’s Nikkei Asian Review of a 10% production cut by Apple for its iPhone has sent Apple and stocks across the entire Apple-ecosystem lower today, December 30.