The market’s popping this morning! It looks like it’s gonna be a busy week ahead.
NFTs (non-fungible tokens) are still in play. Online sports gambling is exploding. Plus, Tesla Inc. (NASDAQ: TSLA) has a crazy new price target. Could electric vehicle (EV) plays be making a comeback in the near future?
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Here’s what’s going on today…
As of the Pre-Market Prep session, Support.com, Inc. (NASDAQ: SPRT) was my top watch as a potential dip and rip. This Bitcoin-related play checked all the boxes ... Good news. Crazy volume. Float rotation. Near 52-week highs. I talk about my approach for the day.
Clovis Oncology Inc (NASDAQ: CLVS) was on my weekly watchlist … It had some positive news last week, and cancer news tends to move stocks. I like the idea of a potential red-to-green entry on a play like this.
Here’s another ticker from the Weekly Watchlist … Draftkings Inc. (NASDAQ: DKNG). Online sports gambling is hot right now — March Madness is bringing a lot of attention to the sector.
I think this ticker has potential all week long — it’s all about waiting for your entry. Plus, along similar lines, Super League Gaming, Inc. (NASDAQ: SLGG) is gapping in a big way…
It seems like I’ve been talking about Takung Art Co., Ltd. (NYSEAMERICAN: TKAT) a lot lately. It seems to be leading the charge on NFT-related plays. For me, a play like this is all about looking for weak open red-to-green moves and looking out for potential squeezes. But keep your expectations realistic — this stock has already moved a lot.
If you’re looking for other NFT plays with potential, both Hall of Fame Resort & Entertainment Co. (NASDAQ: HOFV) and Liquid Media Group Ltd (NASDAQ: YVR) are on my radar. I’ll be looking for a break of Friday’s highs on both.
Vuzix Corp. (NASDAQ: VUZI) is yet another pick from the Weekly Watchlist. I talk about why I’m hoping for a bounce from green … Find out what I’m really hoping for with this one...
A follower said that they’re stalking Asia Broadband (OTCPK: AABB) as a potential morning panic dip buy. I talk about why I love that approach … And why I think a morning panic could happen in the near future with this stock.
Tesla Inc. (NASDAQ: TSLA) just got a sexy new price target thanks to prominent investor Cathie Wood. Yes, it’s a higher-priced play. But I think if it makes a rebound it could reignite lower-priced eclectic vehicle (EV) stocks...
You learn something new every day … Today I learned that maple syrup urine disease is an actual thing and that Acer Therapeutics Inc (NASDAQ: ACER) has news related to it. Is it enough to make it run? I’m not sure, since it’s weird news and a choppy chart...
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