Stocks Poised for More Gains, Even as Market Soars

Summary

In a market that shows no signs of slowing down, investors might find success by aligning with political trends, as demonstrated by two Exchange Traded Funds. The Nanc ETF, tracking Democratic trades, has risen eighty-eight percent since its inception and twenty-two percent this year. Similarly, the GOP ETF, following Republican trades, is up seventy percent since launch and thirty-seven percent in the past twelve months, both outperforming the S&P 500. However, the speaker suggests that directly following the actions of individuals in Washington offers even greater potential for returns, with some stocks moving one hundred percent in just thirty days. Three specific stocks are highlighted for their continued upward momentum. First, Dell, ticker DL, is predicted to reach four hundred eighty-two dollars, with pullbacks seen as buying opportunities given its parabolic trend and lack of seller wicks. Second, Coreweave, ticker CRWV, is expected to hit the top of its current range at one hundred thirty-four dollars, with dips also presenting entry points. Finally, Oracle is showing consistent strength, and while approaching resistance between two hundred sixty-nine and two hundred eighty-five dollars, it's recommended to buy on any dips until the trend officially ends. The speaker also shares strategies for managing risk, including using stop-losses, controlling position sizes, and avoiding revenge trading. Additionally, insights are provided on options trading, with a recent profitable call on QBTS, and the effectiveness of a friendly stock screener for identifying high-potential small-cap stocks that can move one hundred percent or more. A brief mention is made of SQQQ, an inverse ETF, which provided a profitable trade after an initial dip. The speaker cautions that timing is crucial with such inverse ETFs, especially in a strong bull market.