Markets have taken a turn in recent weeks. The short to intermediate term is down for the S&P 500 and the Nasdaq 100.
Meanwhile, the short, medium, and long-term trends have all turned negative for the Russell 2000 in the past month.
Microcap cap stocks have been in a downtrend since earlier this year and are in a well-defined bear market.
I think that is where you should be focused.
It is a time for caution but if you are going to be a buyer, focus on microcap stocks with recent insider buying and a near-term catalyst for price improvement.
Today’s featured company has a recession-proof business that thrives in good times and bad. This company is expanding and will benefit from some powerful economic trends.
Several insiders have been accumulating stock in the past month.
This stock could easily triple over the next several years.
Stay small, move slow, and make market volatility work for you to build a position in this week’s Hidden Profit opportunity.
— Tim Melvin
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Source: Investors Alley