 You may need some soup and maybe some tums today after a nearly 500 point swing yesterday and volatility seemingly here to stay Should we start bargain hunting in our markets? Melissa Armo owner of the stock swoosh is here. Good morning, Melissa Good morning. How are you today? Good? Good? Good? You know? I'm glad that we're talking about bargain hunting because most retail investors have not been really sweating the volatility and the swings in the market They've been looking for deals. How about you? Well, personally, I don't think it's necessarily a great idea to look for deals when you're looking at stocks because if you're buying a strong Stock that has a high percentage chance that it's going to rally and they may be expensive However, if you buy strong stocks, you're going to make money versus buying weak stocks And in other words yesterday you're talking about the swings one of the things that I think is very interesting is Amazon may brand new all-time highs yesterday. This is before the market fell off before the Fed minutes and Netflix almost did too So I really don't believe this market is gonna collapse again because you can't have really really strong market leaders like that making new Highs and then the market collapsing because the market is made up of these stocks, right? And I'm glad you brought up Amazon because if you look at the S&P 500's Cal black claw back, excuse me at least through Tuesday night. I'll go back a little bit 27% of that gain was Amazon only so I like your point about strong stocks Also, if you look at a company like Amazon, you know, some people say oh it's overvalued. It's too expensive. They're expanding too much And you say that we should be looking at the fundamentals of Amazon for instance Well, I look at the technicals But even the fundamentals look good because again tax reform just passed a company like Amazon They're gonna take advantage of that who knows what they're gonna do in 2018 The sky's a limit for Amazon and when you see a stock like that hitting new highs right before The market has these Fed minutes. That's a good sign for the stock on the company itself They had good earnings reports Google had earnings last quarter. They didn't report that much But even Google rallied yesterday Apple is making a turnaround Microsoft is near the highs again, right? Yeah, all of these companies look great fundamentally and technically to me that are strong strong strong And that's all the ones that I just named. Well, there's one more. You didn't mention that is Netflix Look at what Netflix has done over the last year. I mean, I remember when that stock was four dollars a share Redacing's as a CEO look at it now and Netflix is another company that 281 and change. Well, I should have would have cut on this one Huh? Yeah, that is one of my favorite long watches bullish watches right now And the reason is when the market sold off that week of the fifth Netflix had earnings right before gapped up big held Netflix held more bullish than any stock in the market the week That market fell that was a huge sign that that stock is gonna just take off like a rocket When the market makes new highs again and really quickly I want to tell viewers this too If you're watching the market because we are down a little bit in the pre-market this morning I don't think it's a crazy panicky gap down in the market this morning I know it fell yesterday into the clothes But you want to look for the market whether it's the Dow whether it's the QQQ's whether it's the SMP You want to see where all of these indices are going to go over The the high from that sell-off day on two five last week over the high we're higher Listen, we've got to run but last week the best week in five years for stocks I mean it's it's not a day-by-day thing at this point It's it's really like you know you have to look at it like what the long-term story And I love that you're bringing that up this morning as we cut futures down Melissa, thank you very much appreciate it. Thanks for having me and it actually has to be corrected React the SMP is edging up a little bit. We have 13 minutes left to the show. We could have a higher dow. You don't come 6 a.m All right coming out