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Stimulus checks are coming. Vaccines are rolling out. Consumers are ready to get back out there and spend money.
What does it all mean for the stock market?
Here’s what’s going on today…
From trading thesis to full-on mania … Rocket Companies Inc. (NYSE: RKT) has been on my radar for a while. It was featured on the Weekly Watchlist. It’s been trending nicely … But then yesterday it ripped 80% in the afternoon. I talk about what traders can learn from this…
UWM Holdings Corp. (NYSE: UWMC) is a sympathy play to RKT. I’d say it’s worth watching as a potential dip and rip...
Amyris Inc (NASDAQ: AMRS) is a breakout stock that spiked to 52-week highs, pulled back, then started spiking again … It’s a picture-perfect example of one of the patterns in my soon-to-be-released ebook. I talk about how I approach stocks like this with conviction…
An Instagram follower asked about Denison Mines Corp. (NYSEAMERICAN: DNN). It has earnings coming up tomorrow … I talk about the dangers of holding into earnings, especially with a choppy stock like this.
A few followers asked about Ocugen Inc. (NASDAQ: OCGN) as a weak open red-to-green … First, I love that everyone’s picking up trading terminology and asking about stocks with real potential. I wouldn’t necessarily say it falls into that category, but it is a contender for a VWAP-hold high-of-day break later in the day…
KemPharm Inc. (NASDAQ: KMPH) is a biotech with FDA approval news. It’s got great float rotation. It could potentially dip and rip early in the day. Barring that, it’s another contender for a VWAP-hold high-of-day in 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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