Everyone wants to know…
Is market momentum fading? Are electric vehicles (EVs) over?
C’mon people … We had ONE slow day. Calm yourselves.
Don’t panic about what could happen.
Here’s what’s going on today...
Awful stock! Energous Corp (NASDAQ: WATT) is a joke. Honestly, I’m surprised it’s still been around. This ticker’s been teasing traders for about a decade. It has a pattern: it moves on wireless charging news, then fails. Every time.
So why am I still watching it? I talk about why ‘It’s 2021, baby!’ may not be enough to trade this terrible stock, but it’s enough to keep watching it as a ‘day trade only’ contender...
JMP Group LLC (NYSE: JMP) is a banking stock. It’s boring. But it’s an earnings winner and it’s got nine million shares traded in the premarket. That might be enough to make it the low float du jour…
I generally love the EV sector, but with Tesla Inc. (NASDAQ: TSLA) pulling back, I’m not so keen on FuelCell Energy Inc (NASDAQ: FCEL) at the moment. That doesn’t mean the sector’s dead though.
Last night, Ageagle Aerial Systems Inc. (NYSEAMERICAN: UAVS) had some bad news. Personally, I’d avoid it in the morning. However, it could be an afternoon VWAP hold. I talk about why Friday afternoon plays are worth watching.
Some troll asked about Greenland Technologies Holding Corp. (NASDAQ: GTEC) — are you kidding me? Are you seriously asking me about a day-two, failed dip and rip that closed low and is gapping down in the premarket? I’m taking deep breaths to deal with whatever bot asked about this loser…
A follower asked about 9F Inc. (NASDAQ: JFU) as a potential dip and rip. It’s a good question … but I have reservations. I explain why I don’t think JFU is a dip and rip because of resistance and other considerations.
How about Airbnb Inc. (NASDAQ: ABNB) as a breakout? I love Airbnb ... I actually like and believe in the company. I also think travel is coming back. I talk about why I see this as a strong swing trade contender.
Finally, Highcape Capital Acquisition Corp. (NASDAQ: CAPA) was yesterday’s midday squeezer. It appears to be sticking around, so I’d consider it a top Friday squeeze candidate. Look for red-to-green moves into the afternoon...
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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