A lot happened in the market this week. Generally though it was a stagnant week in the fact that the 300 Levels on the SPY have still yet to be firmly held. With everything going on and record stimulus bills still funneling through the market, I think it’s safe to say that the FED is sweeping dirt under the carpet again. Here’s what we looked at this week.
Zscaler (ZS) – The star of the week. Very easy to trade with amazing earnings AND increased guidance. We may have to keep and eye on this one moving forward! Boeing (BA) – Continues to be very volatile giving us great opportunities daily in either direction
Luckin Coffee (LK) – Resumed trading last week. Saw big spikes that didn’t last long. One of our favorite stocks to short right now.
Disney (DIS) – As the good news continues, so does Disney. Again just another volatile stock to trade daily. News of it opening up in July have investors salivating.
Remark Holdings (MARK) – An emerging technology stock that will be behind massive temperature scans going forward. In talks to be used in places from Disney world, to sporting events and even hotel entry ways.
XpresSpa Group Inc (XSPA) – Another gem gaining value amidst the COVID-19 outbreak. Contracts to screen and test people in the JFK airport have this stock soaring and poised for further growth.
Genius Brands International Inc (GNUS) – What a monster this stock has been. My goodness we are on a roll here. up 700% since May 10 I believe has this stock on everyone’s radar. Quality children’s shows coupled with a new way to deliver their content (via Netflix [NFLX]) has this stock poised for even more major growth.
My Day Trades for the Week
