_____
​
Trading Watchlist
Week of 8.2.20​
​

​Get Our FREE
Swing Trading Watch List
​Delivered To Your Inbox!
* indicates required
*By entering your email information and subscribing, you agree to receive marketing and promotional materials, including our free 14 day trading course.
DOW JONES (DIA)
NASDAQ (QQQ)
​S&P 500 (SPY)  & RUSSELL 2000 (IWM)

​______
​
 The SPY has not had a down month, since the month of March (the SPY lost 13% in that month).  Since March, it has been nothing but an uphill climb for the market.  You have tons of investors on the sidelines but you have folks like me that will ride this uptrend until things turn south.  I did a video outlining the levels I am paying attention to and if you're invested in a market tracked ETF; then you should be paying attention to these levels as well.   Click the video below for my recent analysis of the SPY.  

Casper Sleep Inc. (CSPR) 
___
​
We want to add CSPR to our long watchlist this week.  The stock is beginning to show signs of life.  It's already up close to 200% in a few short trading months.  And despite such a huge run, I believe the stock has more to give.  Sitting in the low $9s, there's plenty of upside left for this gem.  It's starting to gain momentum and I think $10-$12 is a real possibility.  Make sure to listen to the video above; it goes into more detail about the stock and why I like it.  

Disclaimer: I am/we are long.  
  
​Add CSPR to your watchlist.  ​
The Walt Disney Company (DIS) 
___
​
I am bringing this trade once again to our watchlist.  I have been long Disney for quite some time and it has treated me well.  With the exception of earlier this year when the stock lost some ground.  It has battled its way back and find itself sitting at a pivot point.  It has that look and while it's sitting at $116.94; I think we can see $150 before the summer is over. 

Don't take your eyes off this one and regret it when it makes that run to $200. 
  
​Add DIS to your watchlist.  ​
Twitter, Inc. (TWTR) 
____
​
A new comer to our watchlist.  Another trade we took in the premium member community; with the potential to go higher in the upcoming weeks.   A few weeks ago when the stock was at $30; I mentioned it being a good idea to pay attention to $35/$36. 

When we got to $35/$36, I mentioned paying attention to $40-$41.

Now that we've managed to touch that range, I suspect TWTR will make another attempt at $40 and possibility even $50.  More upside left IMO.  

​Add TWTR to your watchlist.  ​
The Gap, Inc. (GPS) 
____
​
A few trading days ago, the stock rose a whopping 42% (at the highs); after the company signed a 10 year deal with Kanye West's Yeezy brand.   

The new line of adult and kids' clothing is expected to be released early 2021.  

The stock finished up the day at $12.07 or up about 18.8%.  The stock has managed to hold onto $12.   A lower priced security, so everyone can get a decent amount of shares.  Shorter term price target based on the chart is $16.  Let's see if it can touch that.  Another stock that can run.  Keep your eyes on this one.  

​Add GPS to your watchlist.  ​
Slack Technologies, Inc. (WORK) 
____
​
A premium member winning trade.  We took this trade and almost immediately, we went into profit.  I generally like the trades that show us profits within minutes of entering the trade.

While the stock did receive a GS downgrade with a price target of $30; I am not convinced it deserves such a low price target.

Based on the chart and my understanding of technical analysis; I am putting an intermediate price target of $40 on WORK.   Right now, whoever is in 'control' doesn't want this above $35.  When it takes that out, watch out.  It's going to run!  Sitting below $30; there's huge potential upside. 


​Add WORK to your watchlist.  ​
Virgin Galactic Holdings, Inc. (SPCE) 
____
​
A premium member winning trade.  We took the trade in SPCE a few trading days ago; based on the history of the stock.  It is a clear momentum play.  This trade added nicely to our bottom line and I believe we can see a momentum run in the upcoming weeks.  

This stock once ran from $12 to north of $43 in a matter of a month.   That's a gain of over 250% in a month.  And what we saw on Friday was a clear break out.  Pay attention to this one come Monday.  

​Add SPCE to your watchlist.  
Spotify Technology S.A. (SPOT) 
____

Another successful trade we took in the premium member community. 

SPOT has traded within a channel for the past 2 years and finally broke out of that channel. 

Which resulted in a 80% run-up from March's low.  

In my opinion, you're looking at a $300 stock.  Considering the current price, SPOT has a lot of room left to run.  

Place SPOT on your watchlist.
International Business Machines Corporation (IBM)
____

I have always maintained it is far easier to go with the overall trend.  For IBM, the stock has been in a steady decline since topping out back in 2013 around the $250 level.

​To put that in perspective, for the last 7 years the stock has been in a downtrend.  Because of this, we went short IBM several trading days ago in the premium member community.  

​Unless IBM can reverse course and directionally start a new trend, I see more downside.  

Place IBM on your short watchlist.
Walmart Inc. (WMT)
​____
​
Realizing that Amazon (AMZN) isn't the only play in town.  We felt Walmart, among others, is a potential play to benefit off of individuals being quarantined in their homes.  In conjunction; the technical chart offered a good set-up.  

We entered this trade a few trading days ago and saw profit almost immediately.  Despite the stock being up over 10% in such a short period of time; I think we can get close to $150.  

Place WMT on your watchlist, I can see more upside.  
Can you do us a favor?  If you got value from this watchlist, please share and help us get the word out.  Thank you for being our lifeline.   

SIGN-UP NOW
​BECOME A PREMIUM MEMBER

NO COMMITMENT  
​CANCEL AT ANY TIME
​
Pricing Plan HERE
​Get our weekly list of stocks
to move delivered to your inbox! 
​Sign-up below. 

​
* indicates required
​