Is it Time to Stock Pick?

Danielle Shay discusses her stock choices going into earnings. Click the image above to watch the full segment.

With all the uncertainty in the market, I find that everyone has the same question: When will it be time to start picking stocks?

My simple answer– It depends on what time frame you’re looking at. Then ask yourself: are you a trader or an investor?

As far as investing goes, I’m looking at Capri, MGM, Darden, and Coty. Even though Coty took a dive due to COVID-19, their new partnership with Kylie Jenner makes me think a come back is likely in their future.

For traders, one stock I’m snatching up is NVDA because I believe it’ll have one of the best ‘after the virus’ rallies and we’re already seeing that now. It’s a relative strength stock, and that coupled with the fact that they’re heading into earnings, makes me think it’s a good buy.

Click here to watch the full video.

Want more trading education? Follow me here by signing up for my free newsletter, at www.fivestartrader.com, or in my Mastery program which you can find at www.simplertrading.com/profits. You can also follow me on Instagram, Twitter @traderdanielle, or on Facebook.

Up Next...

META & LRCX Drag Down the Nasdaq: What I’m Watching Next

I’m tracking the Nasdaq selloff after META and LRCX earnings, SMH’s 5.99% closing decline, and what SMH and QQQ did a week after similar selloffs. Here are the support levels and next week’s earnings setups I’m watching.

The Nasdaq Bounce Meets Its Earnings Test

I’m watching the Nasdaq’s 50 SMA as TSLA, LRCX, and other earnings test the bounce. Here’s my breakout signal and how I’m using my Five Star Market Map.

The Nasdaq 50 SMA Hold Is Critical

I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now