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!

 

 

 

 

 

 

 

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