November 17, 2020

A NEW IDEA ON AIRBNB IPO

Signal(s) to enter, add, reduce, exit, hold or change.

Airbnb (ABNB) is a new IPO that is likely to start trading soon. The company provides travel accommodations. This is a call to get up to 50% of the full core position size in the IPO. Many of our subscribers who are ultra wealthy and money managers are able to get this IPO. However, if you are trading with a discount broker or do not have already established connections, you are not likely to get this IPO.

Consider stops in the zone of $0.03 to $0.17 below the IPO price. IPO price is not known at this time. … Please click here or the title below to read more.

November 17, 2020

GO FIGURE — MOMO BUYING ‘STAY AT HOME’ STOCKS ON GOOD VACCINE NEWS

Go Figure!

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

This morning, there was excellent news from MRNA about the vaccine.
The logical reaction would have been to sell ‘stay at home’ stocks and buy ‘economy opening’ stocks.
The first reaction was logical but then momo crowd’s gurus started touting stay at home stocks.
The momo crowd has been aggressively buying the dip in stay at home stocks such as W, PTON, U, DOCU, ZM, UPWK, FVRR and FSLY.
The momo crowd also sold economy opening stocks as they moved up.
A big part of the issue is that there are a large number of new investors in the stock market without much knowledge.

… Please click here or the title below to read more.

November 17, 2020