This class discussed the market's continued surge and some of the themes associated with the move. CRISPR stocks have caught fire in the last month and have marched higher on the Stock Selector tool. However, due to the broader Health Care sector stalling out, top down trend traders are looking for opportunities elsewhere. In today's case, we scanned the Financials sector for an opportunity.
This class discussed our newest position in the long term portion of our portfolio, due to an assignment last week. We then discussed the build out of a portfolio through a cycle of bearishness and bullishness, like we've experienced here recently. Our head-to-head match-up was between an Aristocrat within the Materials space and a well-known global brand within the Consumer Discretionary sector.
This class discussed the opportunity that emerges from difficult market conditions. We have a wider pool of candidates to choose from, now that prices are down and dividend yields are up. In our head-to-head match-up within the Consumer Staples sector today, we reviewed two Dividend Aristocrats, one of which we had never reviewed previously in our twelve DGI portfolios we've put together at Market Scholars.
This class discussed the rotations on the Factor Selector. Interest rate sensitive categories are still lagging on a relative basis, despite a slight drop in rates. We've seen that "risk-on" categories like Momentum and Low Size are coming to life. We discussed the drop in oil prices and were thankful that our Energy stock was at the highest level since our entry. We ended class with three new swing trading ideas.
In today's class, we talked about the red flags showing up this week in the past 3 week's move and how it compares to previous similar rallies - especially over the course of other corrections and bear markets. We also discussed the likelihood of a new intermediate pullback that is due and what signals suggest it's likely.
This class discussed some minor changes on the Trading Plan and on our associated thinkorswim chart. We talked about the market's continued push higher, which has really benefited many of the stocks we're interested in. Our head-to-head match-up featured a lengthy discussion about stocks in the Communications sector that are at 52-week highs today, but still well off of their 2021 highs.
This class discussed the stock split-adjusted nature of the Dividend Stairstep charts and some of the things you'll want to be on the lookout for when using them for evaluation. We reviewed our current portfolio to find that all five of our current sold put positions are in profitable territory. We ended class with another head-to-head matchup between a well-known West Coast utility versus a Dividend Aristocrat from the Staples sector.
This class discussed the importance of buying shares of stocks when they are on sale, even if it's only through a quarterly dividend reinvestment. We then reviewed our portfolio to find that we only had two Financials stocks previously. Due to the big pullback in that sector during the banking crisis earlier this year, there are still opportunities, so we bought another one for our account.
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