Since the pandemic hit, the stock market has been highly volatile. We experienced a huge dip, then a sharp rebound. Then the other day, we saw a decline of more than 2% in a single day.
And it doesn’t seem to be letting up anytime soon.
Extreme volatility is here to stay, and you need to know what to watch for.
As a short-term trader, I look at opportunities that last weeks or months. The key price levels I watch are even more important in times like this.
It’s these price levels, or areas of interest, that will dictate how I recommend you trade certain stocks.
That’s why I started the “Quick Takes” segment on my YouTube channel. It’s all about providing analysis on stocks my subscribers are interested in. I talk about stocks directly recommended by you.
For example, shares of Pinterest Inc. (NYSE: PINS) have rebounded more than 100% from their lows in March. But based on the uptrend that has created, I see the stock climbing even higher from here.
Today I’ll break down what I’m seeing in Pinterest, the price of gold, and three more stocks in a short five-minute video. Two we’ll bank on, and three we think will tank.
Click below to check out my latest video and get my two buys and three stocks to sell.
Chad Shoop, CMT
Editor, Automatic Profits Alert
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