Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Buy the winners and sell the losers strategy: bone or bane?
Views 173K Contents 32

Should You Buy Stocks with Good or Bad Relative Strength?

I am wondering if it makes sense to buy stocks that are showing good relative strength, such as $Netflix(NFLX.US)$ , $Amazon(AMZN.US)$ , $Uber Technologies(UBER.US)$ , Meli or ones that are making new 52 week lows and seem more oversold, such as $Meta Platforms(META.US)$ , $Intel(INTC.US)$ , WBD, and some others
Is there any data on this type of stuff in a bear market?
I have been a majority in all cash for the entire year besides some swing trades or small options and I am looking to get invested again, but potentially just for another bear market rally swing.
I am talking about Relative Strength, not RSI here
For ex:
$Amazon(AMZN.US)$ is up like 16% from its June low
$Alphabet-A(GOOGL.US)$ is below its June low
$S&P 500 Index(.SPX.US)$ is a few % abve its june low
Amazon has relative strength to the market and to Google
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
7
1
+0
1
Translate
Report
136K Views
Comment
Sign in to post a comment
  • Big_Long_Investor : I’ve tried buying really beaten down stocks but it never seems to work out, I also stay away from the ones who have made big moves up, the higher you go the farther you have to fall. So I tend to stay in the middle, just my preference

296Followers
18Following
594Visitors
Follow