$SNAP
(Snap Inc.)
If you were on either the Pre-Market Prep or the Daily Briefings with Lead Trainer Tim Bohen you know how bullish he is on Snapchat.
After blowing out earnings this week this stock has steadily been up-trending and gave solid red/green entries every day at the end of the week.
A trend Tim has been discussing is “Political Fatigue” with Facebook and Twitter. People are fed up with these two networks and looking for alternatives. Plus Snapchat is heavily in use with the younger generations.
Add in the fact that Tik Tok still is facing scrutiny, the stars are aligned for $SNAP going into 2021.
$PINS
(Pinterest Inc.)
Very similar thesis to Snapchat, the world is going to use social media that is not slowing down, but the networks with less outrage and arguing are going to benefit.
Tim has been very bullish on Pinterest going back a year to the IPO. https://stockstotrade.com/pinterest-ipo/
The chart on Pinterest is “TEXTBOOK” weak open red to green going into next week. A stock that closed pinned to the high of the day and the 52 week high.
$PBI
(Pitney Bowes Inc.)
Another week another solid breakout in a stay at home play. Pitney Bowes might be a boring old mailing and postage company, but people still need to send mail and ship packages. And in our opinion with so many offices not opening or opening in limited capacity there are going to be many purchases of $PBI gear and subscriptions for home offices.
A great slow-moving low-risk idea first mentioned early in the week on the Pre Market Prep: https://stockstotrade.com/premarketprep/
$CLF
(Cleveland-Cliffs Inc.)
Post-election we expect some major infrastructure spending. This is an idea we were closely tracking pre-Corona.
The simple fact is the pandemic and associated shutdowns really stopped and big federal or state spending in these areas. Now that America is going back to work these jobs are going to start ramping up. This was reflected in numbers reported by Cleveland Cliffs this week.
Keep an eye on $CLF and other steel plays post-election. Wondering how to trade during an election? Bohen is sharing strategies on how to trade safely, capitalize on the effects of the elections, and more.
$MARK
(Remark Holdings Inc.)
This stock is often referred to as “The WOAT” (the worst of all time 🙂). But solid news on Friday, maybe the first REAL news ReMark has announced in years.
Also, a huge spike back in the spring since this was a hot Post Shutdown Robin Hood stock. Looking for huge volume on Monday when millions of bag holders jump back in.
Keep in mind this is terrible stock and company, this would be a momentum day trade only.
