*Update Moving forward, watchlist released for free every Sunday night will only list the stocks that I am watching. Entry/exit zones (along w/ charts) will be shared occasionally with individuals who are signed up for the newsletter. If you're not on my mailing list; sign up below. It is free.
Tonight's showdown between the Golden State Warriors and the Cleveland Cavaliers can potentially serve as a short term trading opportunity. With the star players, Lebron (King) James and Steph Curry having massive contracts with Nike ($NKE) and Under Armour ($UA); respectively; I believe the team that wins tonight's game 7, can potentially see a pop in share price w/ their respective signed company going into next week.
Based on observations of price movement; a win by the GSW should see a greater percentage increase in $UA stock; than a win by the Cleveland Cavaliers.
If you’re a free subscriber, click here for $NKE and $UA chart analysis. If you’re not; be sure to sign up for free.
Smith & Wesson Holding Corporation (SWHC) I have been bullish on this stock for several weeks now and considering the blow out quarter recently reported on Thursday, June 14, 2016; I am bullish from both a technical and fundamental perspective. Since being placed on ShortMeTina’s 2QP; this stock has seen a gain of near +20% in a short month. Make sure to constantly check back for weekly updates regarding this pick.
Facebook, Inc. (FB) Stock continues to show signs of weakness, along with the broader markets. I am bearish in the short term. Chips are on the short side.
Also watching $SPY $CMG $TSLA $LULU
Recap CMG-2% SWHC-10% TSLA- 1%
As opportunities present themselves within the week, I will be sure to email them. Are you a subscriber? If not, what are you waiting for? It's FREE! Once you sign-up, Log-in and check out my Second Quarter Portfolio.
This watchlist is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned above. All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.