Summer is slow. Traders are enjoying the sun, taking time off and enjoying those bonuses from last year. Sleeping traders on summer vacation is an opportunity for you to find those underpriced, underappreciated stocks that I have coined as summertime fine.
What do I mean by a stock that is summertime fine? Let's take a look at June's Small Cap Pick, Quinstreet (QNST). As of today's close, it's up 3.94% since last month's Small Cap Attack. Compare that with the S&P which is only up .48% for the month. QNST is what I call summertime fine!
Look for opportunities in different industries and sectors that haven't been performing in line with the overall market, tech stocks might be a good place to start; search for outliers by sticking to the fundamentals and monitoring trade volume and block volume. Happy Summer Trading!