Katie Stockton Predicts Mega-Cap Stocks to Lead Market Recovery
Katie Stockton, the founder of Fairlead Strategies, shares her insights on the stock market’s current trajectory. She acknowledges the likelihood of short-term lows but cautions that a clear intermediate bottom is yet to be established. Stockton particularly highlights Nvidia’s potential for a future rally, although she remains cautious about the stock’s performance in the long term. Meanwhile, stocks like Tesla show signs of struggle near crucial support levels. Investors need to remain vigilant and adapt to the ever-changing market conditions. Monitoring mega-cap stocks closely could lead to significant opportunities as the market seeks to rebound.