Forget about Greece, Portugal, China, and every other country that's making news these days…
The fallout from current (and likely future) debt crises will lead to turbulence in the markets, but it's the inevitable recovery that interests me right now.
We've seen this setup before. In every case where financial misadventure leads to bailouts, one thing is clear: Though the short-term movement of the stock market might lurch to the downside, it has always recovered.
And the American blue chips always lead that recovery. That's where our big opportunity is today…
The American Consumer Hands Us Our Play
So with all the attention these days across the pond, I thought it would make sense to discuss a certain blue-chip company that just keeps on moving up, in both good times and bad.
Visa Inc. (NYSE: V) is one of those companies that looks like a printing press.
Along with insurance and healthcare, this finance segment just won't quit.
About the Author
Tom Gentile is widely known as America's #1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Now, he's diving into the biggest market in the world - one that almost no one has heard of before.