Our bullish call on Disney (DIS) from a few weeks ago is working out extremely well. It shows how we always want to look “beyond the fundamentals” to find good turnaround stories at key junctures.
WTI crude oil has bounced off its 200-week moving average again. It still needs to see a meaningful breakout for our bullish stance on the energy stocks to playout, but it’s great to know we have a very solid “stop out” level to keep an eye on.
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