The Inside Scoop (10-26-2022)

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Stocks are back in bear market rally mode for the second time since this summer!

Whether this is the beginning of a new bull market is something we can only know in hindsight. 

Fortunately, defining the current rally appropriately is not a prerequisite for participating in it. And the latter is all we’re worried about.

We want to position ourselves in the strongest stocks from the strongest groups and use them as vehicles to benefit from the counter-trend move that's underway.

We discussed this in more detail on today’s Strategy Session. Click here to review the recording and the chartbook.

Now, let’s dive in and check out some of our favorite setups from our Inside Scoop universe.