Last time I talked about ignoring the drama of news and the recent Washington hullabaloo!
Sure enough the S&P rebounded strongly on Thursday and Friday, taking back most of the ‘drama-drop’.
Then on Saturday we see a deal for over $100bn of trade between the US and Saudi Arabia. Should we ignore that too?
Not exactly!
We can use that kind of news to identify potential opportunities in literally a few seconds.
Here’s how …
First, we know the main sector who will benefit from this deal … The aerospace and defence sector.
Second, we identify potential candidates that may benefit from this deal by filtering for OVI setups within that sector.
It is mind-bogglingly easy if you have the right tools and correct approach.