Wall Street may encounter volatility as trade tensions between the United States and China reignite. The United States blamed China for breaching a temporary trade deal, while Beijing accused Washington of failing to support the agreement, a telltale sign that negotiations between the countries have soured.
In this uncertain situation, it’s challenging to find stocks with strong uptrends, as they are mostly showing modest gains. However, by applying Richard Driehaus’s investment strategy, better known as the “buy high and sell higher” theory, one can discover stocks displaying positive momentum. To that end, these three are demonstrating positive momentum and defying gyrations in the broader market.
This post originally appeared at Zacks.