What I see on the tape:
- UK new strain going wild - more FUD
- in and out of UK restricting - international travel down
- hospital/death rate for COVID going ATH - more attention on healthcare
+ US Stimulus talk looing positive for small package - assets rise. Dollar fall. Robinhooders with money... meme stocks?
+ Stimulus bill has infrastructure component - big box retailers, regional banks?
AMZN,
OSTK,
W,
LOB?
+ banks are now allowed to buy back shares -
XLF
+ SPACs are still hot. Had recent down trend but many breaking that trend -
LAZR,
PIC, CCIIC, etc
+ new IPO names rebounding-
SNOW,
ABNB,
DASH,
LMND
+ BTC going record high with metals weakness -
PYPL,
SQ,
RIOT,
MARA, etc.
+ vaccine news keep coming -
JNJ
+/- SP500 rebalancing brought FAANG price down with
TSLA inclusion - BTD
With above clues, I am looking for the names that will be on this week's rotation....
- UK new strain going wild - more FUD
- in and out of UK restricting - international travel down
- hospital/death rate for COVID going ATH - more attention on healthcare
+ US Stimulus talk looing positive for small package - assets rise. Dollar fall. Robinhooders with money... meme stocks?
+ Stimulus bill has infrastructure component - big box retailers, regional banks?
+ banks are now allowed to buy back shares -
+ SPACs are still hot. Had recent down trend but many breaking that trend -
+ new IPO names rebounding-
+ BTC going record high with metals weakness -
+ vaccine news keep coming -
+/- SP500 rebalancing brought FAANG price down with
With above clues, I am looking for the names that will be on this week's rotation....
#MAMBA MENTALITY
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
#MAMBA MENTALITY
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
We don't quit. We don't cower. We don't run.
We endure and conquer.
- RIP Kobe Bryant
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.