Power Trends+: Bullish Data and Promising Stocks

[TradeSmith Power Trends logo] [TradeSmith Power Trends logo] October 2, 2024 Power Trends+: Bullish Data and Promising Stocks This month ends with kids (and adults) asking the age-old question: trick or treat? When it comes to stocks, the answer is... both. And they can change costumes more than once. We’ve already seen it. Through three quarters, the S&P 500 is having its best year since 1997, and September bucked the trend with a much-better-than-average 2% gain. But we’ve already seen rising war-like tensions in the Middle East and a potentially disruptive strike by port workers that weighed on stocks the first day of the month. And this morning, we learned that private companies added more jobs than expected in September. It’s a lot to digest and often contradictory, and that can cause us to react emotionally – which is never a good thing. So, in the new Power Trends+ video, my colleague Luke Downey walks us through some decidedly unemotional data that bodes well for the future. Turns out that big Septembers tend to produce big finishes to the year. With that bullish backdrop, Luke dives into a stock your fellow readers asked about. It’s a great company knocking on the door of our buy zone – and will probably get there later this year. It is part of the increasingly urgent water management theme that we’ve discussed before. ([See Power Trends+ from August 20]( Luke also analyzes two related companies whose Quantum Scores are in the buy zone and who are part of the rebuilding that is very much needed in our country. Unfortunately, water management problems tragically reasserted themselves with Helene’s horrifying floods, and our hearts go out to all those impacted. [Click here]( or on the image below to learn more about this important market data and these quality stocks. The stocks Luke covers are not currently recommended in my investing services, but we still want to provide you with important data and analysis to help you in your research. If you do want to receive my hand-picked stock recommendations and gain full access to my Quantum Score on thousands of stocks, [click here to learn more about joining Quantum Edge Pro](. Stay tuned for more Power Trends+ videos coming your way. And keep sending your tickers and any comments or questions to jasonqe@tradesmith.com. Talk soon, [Jason Bodner signature] [Jason Bodner signature] Jason Bodner Editor, Jason Bodner’s Power Trends IN CASE YOU MISSED IT… [Could Elon Musk’s Robotaxi Help You 20X Your Money?]( This coming week Elon Musk is set to reveal his new AI product he calls “Robotaxi…” And tech legend Luke Lango believes it could help send shares of a little-known Elon supplier skyrocketing by as much as 20X. Which is why this coming Monday, October 7th at 10 am ET… He’s hosting a special strategy session to give you all the details on this little-known supplier. [Click here to see the details and save your seat.]( © 2024 TradeSmith, LLC. All Rights Reserved. P.O. Box 340087 Tampa, FL 33694 To unsubscribe or change your email preferences, please [click here](. [Terms of use]( | [Privacy Policy](