Stock Report for 2021-02-22

Stock Picks

Buys


  • IMAX – This is what you think it is. The movie and entertainment technology company. The charts do not look good (see below). Pass.
  • MMYT (MakeMyTrip) – Pass on this one too. It signaled as a buy if you want it. Check the chart below.

Sells


  • BCOR (Blucora)
  • BE (Bloom Energy)
  • BLDP (Ballard Power Systems)
  • IRDM (Iridium Communications)
  • WDR (Waddell & Reed)

Favorites

None from today’s list of buys. From the stocks, I would go with ACMR at $123.56 or pick another stock like that. You can also check the list of hot stocks to hold. What I would actually do is go with Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). Cryptocurrency is leaving the building.

Runners to Consider (From the Holds)

  • CAN – This little stock just won’t stop! Last week was +90%. The last month it is up 405%! What do they do? Look no further than cryptocurrency. By the way, we pointed this one out in the “Pick 10” on February 9th. CAN could be purchased for $7.54. It is now $26.00. ๐Ÿ˜
  • MSTR – This one has been yanked down ($963.72), but it will fly again because Bitcoin is moving on up!

Quick Crypto

A quick cryptocurrency update. The gain/loss is over the last 24 hours.

BTC – $55,937.90 (-1.20%)
ETH – $1,870.23 (-3.96%)
DOGE – $0.056775 (2.71%)
LTC – $219.64 (-3.08%)

By Jason Barrett

This is my baby. Let's see if it's ugly.

Leave a comment

Your email address will not be published. Required fields are marked *