stock market future
D. Scott Yuschak (CFA) is the Managing Director of Equity Strategy at Truist Advisory Services, Inc., responsible for leading investment advisory services as well as equity strategy and research. He manages the Strategic Core Equity (SCE) and Core Equity Income (CEI) portfolios, providing investment commentary, industry analysis, and "hold-rated" company research reports. Since 2011, Scott has been a key contributor to the success of the SCE and CEI portfolios, with over 28 years of experience in financial services. Prior to this, he served as the Mid-Cap Core Portfolio Manager at RidgeWorth Capital Management, a subsidiary of SunTrust, where he collaborated with the company’s short-term fixed income team. Scott holds a BSBA in Accounting and Finance and an MBA from The Ohio State University Fisher College of Business and is a Chartered Financial Analyst (CFA).
We use three specific parameters to find the penny stocks that are most likely to make big gains.
Parameter 1: Breaking News - First, look for stocks that gapped on some kind of news catalyst (like FDA approval or earnings) and stay away from any stocks that are bought out as they usually don't deviate from the purchase price.
Parameter 2: Technical Indicators - It's essential to look at technical indicators such as moving averages, volume, and RSI. For instance, a stock that has a strong volume and is trading above its 20-day moving average might indicate a bullish trend. Conversely, an overbought RSI could suggest a potential sell-off in the near future.
Parameter 3: Market Trends - Always take into account the broader market trends. If the overall market is bullish, buying into the rising stocks may provide good returns. On the contrary, during bearish markets, it might be wise to short sell or stay on the sidelines.
