Update #478: Opportunity Indicator, Keeping a Cool Head, Deep Purple

14May22

Dear Friends of Purple Chips,

On Thursday the Dow Jones was at 31,700 and a correction is underway, however, our Opportunity Indicator tells us that stocks have gone from being expensive to being cheap. In this video, we look at the following:

• Some statistics that show that keeping a cool head is vital to your investment health;

• Our Opportunity Indicator;

• The NFIB Small Business Sentiment report;

• The death of Meme stocks;

• We give a preview of Deep Purple and discuss the ranking process.

Please click on the icon below to view the video