The market is currently undergoing a major correction. When corrections of this type, fundamentals become secondary, and select stock picking does not add value. As a result, we will not choose a Stock of the Week at this time.

However, this market action is creating many outstanding opportunities that we plan on pursuing once market conditions improve. Sectors like growth, small-caps, biotechnology, cannabis, and many others are offering some of the best values in some time, but it is not yet time to buy them.

We will be keeping Shark Investing members posted as to our shopping list on our Active Trader message board and via our text message alerts. We do feel we are moving closer to a strong counter-trend bounce, but we believe it is better to buy strength when it starts rather than try to catch a bottom by buying weakness.

This post is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this post. Do not buy, sell, or trade the stocks mentioned herein. We WILL actively trade this stock differently than discussed herein. We will sell into strength and will buy or sell at any time for any reason. We will actively trade into any unusual activity. At the time of this post, principals, employees, and affiliates of Shark Investing, Inc. and/or principals, clients, employees, and affiliates of Hammerhead Financial Strategies, LLC, directly or indirectly, controlled investment and/or trading accounts containing various positions.  To accommodate the objectives of these investing and/or trading accounts, the trading in these shares will be contrary to and/or inconsistent with the information contained in this posting.