David Ryan: How To Size Positions Like A Three-Time U.S. Investing Champion | Investing With IBD

TL;DR

Despite a recent market pullback, some stocks are showing signs of strength and potential for future gains.

Transcript

hello and welcome to another episode of investing with IBD podcast it's Justin Nielsen your host and it's August 30th 2023 we're taping uh you know for you tomorrow and uh so we're gonna go over what has been going on with the market and to help me with that as he does every week is Arusha Paris he's a portfolio manager over at O'Neill Global advis... Read More

Key Insights

• 📶 Some stocks in the oil and gas industry, like Tidewater and Oceanering International, have shown signs of strength and potential growth.
• 👍 Elf Beauty has proven to be a consistent performer in the cosmetic industry.
• 🧘 Position sizing should be based on individual risk tolerance and market conditions.

Questions & Answers

Q: How is the market performing following the recent pullback?

The market initially showed signs of weakness but rebounded with a follow-through day, indicating a potential upturn in the near future.

Q: Which stocks in the oil and gas industry have been performing well?

Tidewater and Oceanering International have both shown strength and potential for growth in their respective stocks.

Q: Are there any other industries or stocks worth considering?

Elf Beauty, a cosmetic company, has shown consistent growth and potential for future gains.

Q: How should investors approach position sizing?

Position sizing should be based on individual risk tolerance and market conditions. It is important to start small and gradually increase position sizes based on success and market trends.

Summary & Key Takeaways

• The market recently experienced a pullback, but a follow-through day suggests a potential rebound.

• Some stocks in the oil and gas industry, such as Tidewater and Oceanering International, have been performing well and showing signs of growth.

• Elf Beauty, a cosmetic company, has also been on the radar with its consistent stock performance and strong sales.