The market ended the month with another strong day, although there was some profit taking going into the close. But what a month March was, just look at the move from the lows early in the month.
It’s hard to imagine this could continue without at least a rest soon.
There were two triggers from the Watchlist, both moved nicely today. The first is DMND, which made a very strong move, and still looks good here.
The other was CCK. It gave up much of its gains late in the trading day, but still closed above the buy point.
The stocks in the Watchlist have been very profitable in this rally. It could get more challenging though as we head into earnings season. It’s a new month and a new quarter, so I am expecting at least rest, if not a pullback.
I am not expecting moves in these like we had today and last week, but I wouldn’t mind being surprised. Still trading short term here.
Good luck and good trading!
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