Hubert Senters here.
Market obviously sold off pretty good today. Dow was down. Let me just double check. It was down five or six minutes earlier. Down $658 points. I’m looking at ORLY, O’Reilly Auto Parts. As you can see this thing has not been selling off with the rest of the market. So when the market does eventually bottom and it will bottom eventually.
It may not be two weeks may not be two months. It’s not going to last for two years for sure. But once it bottoms O’Reilly is poised to go substantially higher. As you can see it’s been trading sideways. It’s been in most of the time above the cloud. Few days below but not too serious. And when it does it will probably take out the most recent highs at $360 on its way to $380 and $400 so add ORLY to your long watch list.
I’ve been asked to speak at the Wealth365 Summit. I will be speaking on Thursday, January 24th at 12PM EST. All you need to do is sign up first name, email optional, telephone number. CLICK CLAIM MY FREE SEAT to register for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.