Offering my 2 pennies here. I have just spent the last hours charting about 100 stocks.
What did I see?
Many stocks are double and triple topping(huge indicator of future drops) Many stocks reached their ATH back in July and have been bearish ever since never returing to previous highs(lower lows and lower highs)
Many stocks have been consolidating for months.(AMZN in particular) Visa another one.
Take that as a warning if you are new and looking for those GAINZ bois diamond hands or whatever the **** you runts have been chirping about lately. lol.
What did I see that I liked?
Tech and Weed, well duh...
AAPL and SQ have seen no signs of trauma and are pushing forward with new ATH's.
The ARK ETFS are printing money for anyone interested.
And you guys all sound familiar with the Pot stocks(potheads rise!)
My advice?
Take a couple bucks and gamble with those SPACS. Take a couple bucks and get in and out of Pot(It is very volatile and cyclical)
Take a lot of money and park it in AAPL, SQ. ARKW, ARKG, ARKK, PYPL,FB and even AMZN.
Take a lot of money and get in and out of the electric vehicle sector--TSLA,NIO, WKHS, BLNK,
I have no comments on crypto. I am simply not in the sector and missing the boat big time or I am really smart??? Either way, I am cautious and don't want to tie any long term money on that right now.
Also- Is anyone interested in a stock call out thread? I posted some earlier in this thread and got crickets for a response.
Basically, I call out a stock and a price to get in and get out for profit. This has become just about as lucrative as my day time job for me. And I have found the a group hive mind really helps.