Top Trade Update - Late June
Here are some of the Top Trades delivered by experts on the Trade Exchange in the second half of June. Curious about these experts’ ideas? Now is the perfect time to look deeper! From now until Friday, July 16 you can reveal and follow any Trade Exchange idea for free.
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You can check out our experts’ Top Trades since November on the Trade Exchange blog.
SPCE: +39% in 3 days – Turbo Trading Swing Trade Membership
Bob Knight of Turbo Trading jumps on a short-term profit opportunity with SpaceX. On June 22 he wrote: “After an 80% sell-off the stock has surged and is now flagging. Today it is popping out of that flag pattern. Look for a big move from this
YANG: +38% in 3.5 months – Tidal Wave Short Term Bear ETFs and ETNs
Do you have bearish sentiments on the market? Jack Cahn is an expert focused on bearish plays with ETFs and ETNs. In late February Jack wrote, “The Shanghai Dow and its US ETF have failed to hold their breakouts and they have completed long-term patterns. A test of the December price is likely. The implied VX is at an extreme tension, ready to uncoil.”
GNRC: +31% in 5 weeks – The Weather Focus Fund
Tom Chisholm once again leverages his meteorological background finds an opportunity to capitalize on weather-driven volatility. “Near-term risks are rising for a landfalling tropical storm or hurricane from the Gulf States to New England. Migration to smaller coastal communities and to snowier and colder rural areas by wealther demographic groups will spur demand for generators. The company’s stock price has settled back to excellent technical levels, as discounted cash flow improves heading into peak demand.”
OSTK: +23% in 5 weeks – TK Swing Trades
Trader Karthik had several Top Trades in late June. Overstock.com was one of them. “TZero stands to be a huge beneficiary if NFTs become recognized as a security by the SEC and tokenization in general becomes mainstream. Not to mention their growing e-commerce as well.”
DISCLAIMER: While these ideas (dates, times and purchase/sale prices for entry and exits) have been documented within Trade Exchange’s system, these are examples of past performance and not an indicator or promise of future performance. Individuals who follow experts featured on the Trade Exchange assume all risks and take full responsibility for unveiling and following ideas, whether they execute trades in their linked brokerage account through the Trade Exchange app or in their brokerage accounts that are not linked via the Trade Exchange app. Trade Exchange strongly encourages everyone to review all the trades posted by a partner, as many lose money. All results – including entry and exit prices – are available for review.