[Watch Now]: Making Money

Hot Millennial and Consumer Discretionary Stocks

Consumer discretionary stocks, and the way they move, are an important ‘tell’ as far as how the health of the economy is doing. Why? Consumers spend money on discretionary products – items they don’t really need, but rather want – when they have extra cash, and are comfortable with their financial situation. During this episode, Charles Payne and I discuss several low priced consumer discretionary stocks he likes, along with some of my favorites from my ‘Millennials Love It’ list. These include FreshPet (FRPT), Chegg (CHGG) and LiveNation (LYV).

Watch the full segment below:

To learn more, sign up for my newsletter, at www.FiveStarTrader.com. You can also find me in the Options Gold Room at www.SimplerTrading.com, and at Simpler Foundation, our option site for beginners. For tips, tricks, current ideas and appearances, follow me on Twitter @traderDanielle and on Facebook at www.facebook.com/traderDanielle.

 

Leave a Comment

Up Next...

NFLX: Taking Profits (A Follow Up)

Hey traders! Last week, I posted a bullish Netflix (NFLX) setup at Five Star Trader. At this point, this trade is making targets, and I’m taking profits. What does that look like? Well, Netflix has hit just below my price target of $730. My put credit spread, and my butterfly has two days remaining. One could … Read more

Read More

A Bullish Trade in Netflix (NFLX)

Relative Strength, Squeezes, and Earnings Netflix has been at the top of my radar for the past few months due to its trend and relative strength. This is primarily for trading only versus investments because I don’t invest in stocks at new all-time highs. With this ticker, I added some put credit spreads and bullish … Read more

Read More

The Post-Fed Break Out Continues…

Relative strength stocks continue to break out after the Fed cut rates. When semiconductors (SMH) break higher, along with Microsoft (MSFT), Amazon (AMZN), Netflix (NFLX), Meta (META), Tesla (TSLA), and Broadcom (AVGO), this relative strength is a bullish sign for continued upside price action. There’s also a difference between where traders and investors should focus. … Read more

Read More

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
all-as-seen-on-logos