Zacks Market Edge Highlights: Tesla, Amazon, Roku and Shopify

For Immediate Release

Chicago, IL – July 16, 2020 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

3 Top Stock-Trading Tips from an Experienced Trader

Welcome to Episode #232 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is joined by Zacks Stock Strategist, and the Editor of the Counterstrike portfolio, Jeremy Mullin, to discuss the crazy stock market, especially the most highly traded momentum stocks.

A lot of new traders have flooded into the market in recent months. Robinhood, the popular trading app, now has over 13 million accounts.

Jeremy has been a professional trader for over a decade. He’s had his big wins, and has made his own mistakes.

He shares some of his top trading tips for new traders.

3 Top Stock Trading Tips

    •    Preserve your capital. Use stops. Don’t put all of your accounts into one position.
    •    Discipline. Stick to a game plan.
    •    When you find something is working, stick with it. But be ready to adjust if that changes. Don’t be stubborn.

Stocks Traders Love

Jeremy likes to trade those stocks that have big volume and big trading ranges. He doesn’t care if they are $90 a share or $3,000 a share.

He calls them his “go-to” trading stocks and they include stocks like Tesla TSLA, Amazon AMZN and Roku ROKU.

Others will trade those that have momentum like WiMi Hologram Cloud which jumped to $28 from $4 within a day.

And still others will trade those making headlines, such as Shopify SHOP, which has been in the spotlight as one of the “winner” businesses during the COVID-19 pandemic.

What else should you know about trading this market, including what technicals Jeremy uses to trade?

Tune into this week’s podcast to find out.

[In full disclosure, Tracey owns shares of AMZN in her personal portfolio.]

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

[email protected]

https://www.zacks.com/performance

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research