Mega-Caps, India, Starbucks strikes and more

Last Friday, I stopped by CNBC to discuss my bullish setup in Microsoft, along with several other news-related opportunities in mega-cap tech and more. We covered opportunities surrounding these points:

India has great long-term investment potential due to its increasing population and need for big companies to invest and grow the middle class.
Microsoft, Google, and AMD have shown strong performance this year, with Microsoft experiencing a significant increase after earnings, making it a bullish time to trade these mega-cap companies.
Starbucks workers nationwide are going on strike after claims that the company is not allowed to display Pride Month decorations.
Strikes are happening in 22 states nationwide, gaining momentum and causing closures at the first strike location in Seattle.
Starbucks and other companies facing social issues risk alienating half of their consumer base and experiencing downward trends, as seen with Target and Anheuser-Busch, with Starbucks specifically breaking down on a technical basis and potentially falling to $85.

Want to learn more and get my full analysis? Check out the video below!

What do you think about these news-related trading opportunities?

Let me know on Twitter @traderDanielle, or join me in the Options Gold Room at Simpler Trading!

Up Next...

When a Ticker Makes Targets

Hey Traders! On Monday, I sent you a video about my short-term setup in Tesla, along with my $250 price target. You can check it out in the Tweet below… Since then, the squeezes I noted fired to the long side, and Tesla traded directly to my Fibonacci price target at the 1.272% extension level. … Read more

A Trade Setup in TSLA

Good morning, traders! The Nasdaq futures are choppy at 16,000 after making quite the run. So, what’s next? Looking for the next round of setups, of course! When tickers and indexes get sticky, squeezes will start to consolidate. Those squeezes generally occur on the lower time frames first. When those squeezes fire, they can either … Read more

The Microsoft Effect

Hey traders! Microsoft made a new, all-time high yesterday and may very well take the Nasdaq along for the ride. What is next to come in Microsoft, the Nasdaq, and more? Check out my video update below: