Growth & Income Trades are longer-term swing trade or investment candidates expected to generate an above average dividend yield and capital appreciation. Similar to the Long-term Trade Ideas category, the expected holding period on the Growth & Income Trades is typically several months to a over a year or more.
Member @liftholic inquired about the outlook for MO (Altria Group) in the trading room. After reviewing the charts, I immediately noticed quite a bit of significant technical levels & developments worth noting so I figured that I'd share my thoughts on the front page as this high-yielding dividend stock is now on watch as a swing trade as well as a growth & income trade idea. MO weekly April 20th Let's start with the bigger picture by taking a look at the 10-year weekly chart above. Lots of moving parts & significant developments, all of which are noted on [...]