Canada records record job gains (no surprise). COVID cases continue to rise as the death toll stabilizes. The S&P 500, DJIA, and Nasdaq Composite were largely unchanged This week (all within +/-1% move). With that said the Nasdaq is still in god like territory and the markets continue to face unprecedented levels of market volatility on a day to day basis. Is the age of EV’s and 5G finally upon us?
Tesla Motors (TSLA) – All time highs. What a beautiful stock! It was great to trade this week. Very volatile and I hope that continues. Buy ANY 20% pullback in this stock.
Workhorse Group (WKHS) – The EV revolution is on!! They have a a bid coming up with USPS. If they win their current value can be justified and not only that, they should continue to soar.
Nio Inc (NIO) – Beat delivery numbers of their EV cars as all electric car companies seem to be doing today. They have Elon Musk to thank!
WiMi Hologram Cloud (WIMI) – 5G is the next big thing. Apparently this company is at the forefront of holographic display technologies. They are up 154% as of just today alone. Keep an eye on this one. I will be researching their management team going into the weekend.
Zoom Communications (ZM) – Still waiting and watching this stock closely… I feel a correction coming and this will take a good hit if that happens. The upside can’t be much further up.
Wayfair (W) – Same goes for this stock. Two future plays for golden shorts. I will be ready at the first sign of weakness. These (ZM included) are prepare for the winter in the summer type stocks.
