Daily Stock Picks Triple levered ETF trading like $TQQQ $SOXL $BOIL - Market update 12-22-22
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Historically, the final five trading days of the year and the first two of the new year tend to be strong. According to chartist Larry Williams, Thursday may be the time to buy.
You dont have to cover it right away in the podcast...but I have a few scenarios of covid darlings that are beaten down crazy and I am debating if I should DCA or sell and harvest loss. For e.g $MTTR I hold 1500
Hey Gary. I'm listening to pod now and I'm curious if you could give opinion on $osk, algo has in at 86.83 and it's at 88ish currently
So I emailed you about $VKTX. I think this one could go to 16. What does chart show? Remember it is in the same small category of biotech treating liver disease like MDGL. I sold most of $MDGL yesterday. I don't think much left there after this pop. VKTX?
And $vrdn
$TSLA - Carter wroth who is the chart master says it’s a buy now
Ziptrader Charlie went over $tsla
$COST - cross up - looks strong
$WMT - cross up - looks strong
$SNOW - cross up - not as strong, but I do like the stock.
$CEG - looks strong in that channel I posted
$BA strong move
Posted the watch list for the Vanguard ETF lists
I imagine others would enjoy hearing your insights as well! Here are my questions, specifically speaking to $boil and $KOLD, $Soxl and $Soxs and finally $TQQQ and $SQQQ. If I am correct these inherently depreciate in value over time so what is a good indicator that it has moved to a lower price channel? Specifically, how many times of breaking the lower resistance level would you say indicates it's in a new price channel? If something dips for a day comes back up to normal price channel levels, I realize that can just be an anomaly.
Secondly, when are these specific etfs thought to completely die off?
Does anyone who has written their own algo want to be a Trendspider’s affiliate? I can sign you up if so.
$MU missed like I said … not sure where the catalyst is - Soxs - all bad news
$Kmx down 12% after huge miss on earnings
Chinese stocks up again with easing covid restrictions …. Inbound travelers may not have to quarantine / isolate for 5 days like they do today
$REI
$F