Sleeper Stock Watchlist

Hey 5-Star Trader,

Every savvy trader wants to buy a contract at a discount whenever possible. While the pandemic certainly forced many tickers to be on clearance, I don’t think all these opportunities were made equal.

The travel sector came to a complete halt at the peak of Covid-19, which included the cruise liner industry. Some traders might look at this as a buying opportunity, but I say not so fast. I like to trade and buy and hold relative strength stocks, and cruise stocks have shown relative weakness. Of course these tickers experienced a severe downtrend in the pandemic, but they were already trending lower before Covid-19. I suppose if retail traders are looking for a beat down stock to buy, that is still 50% below where it was prior to the pandemic, and targeting a retracement, I don’t see a huge problem with it but I just think your money could probably be better used elsewhere.

Instead of investing in the travel industry, I have my eye on Disney (DIS), Paypal (PYPL), and John Deere (DE). These names have been sleeping as of late, but this consolidation on the weekly charts has me interested.

Up Next...

Trade Review: Using a Neutral 0 DTE SPX Strategy

  In today’s Trade Review episode, I cover a quick SPX 0 DTE trade from last Friday at market close. In this video review, I cover: Why I decided to make a bet that the market would trade sideways into the close How I analyzed the options chain and technical chart patterns Why I decided … Read more

Read More

Butterflies + Put Credit Spreads Combined

A Bullish Earnings Call Last week, in the trading room, one of our members requested that I analyze the ticker AAP. This ticker belongs to Applovin, a company I’ve never traded before. This find is a prime example of the collaborative aspect of the trading room, and it’s why I appreciate our dedicated traders so … Read more

Read More

Walmart: Earnings in Focus

Walmart Earnings: May 16th Walmart is reporting earnings on Thursday, May 16th, before the bell. This is one of the most important earnings reports this week because it will show investors how the largest retailer in the United States and the world is faring. Between high inflation, consumer sentiment, and behavior, various factors could impact … 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