My 11-11 WatchList And Morning Outlook

Dear Aspiring Investor, The Dow Jones projected a 201-point gain in premarket hours. Markets continue to rotate out of growth stocks and into stocks most impacted by the pandemic. Investors continue to cheer the news that Pfizer and BioNTech have produced a vaccine with 90% efficacy. FAANG stocks are bouncing back a bit today after the S&P and NASDAQ both dipped Tuesday. Energy stocks and banking stocks continue to rip higher despite ongoing increases in new virus cases across the United States. Let’s dig into the top stories this morning and take a look at my watchlist. The Rundown: Today’s Top Market Stories Today’s Outlook On Wednesday, vaccine optimism continues to drive sentiment. However, the market continues to operate on nothing but stone cold irrationality. We have a market where the Fed has expanded liquidity, and investors have more places than ever to put money. But they’re pouring cash into stocks because… what else can you do? Right now, there are $17 billion in government bonds sloshing around with negative yields. Gold prices are stuck near where they were a decade ago. Bitcoin is getting some attention, but it’s historically volatile. And it’s tough to speculate on currencies when governments around the globe are firing up their printing press. Investors had been pouring into tech stocks as a store of value during difficult pandemic times. However, the vaccine news sent people flying back into what they believe are value stocks in airlines, hotels, restaurants, and movie theaters. All the while, the virus is hitting record case levels and the vaccine could take a long time to deploy to the American population. Given that the vaccine must be stored at NEGATIVE 70 degrees, this is going to be a big problem for poorer nations. That said, this rotation is creating some incredible opportunities to actively trade. I think people are making some mistakes right now, and I’m looking to exploit them. There are great tech companies that I want to own if they keep falling. Today, I’ll talk a bit more about some of the tools I use to identify some companies that have no business getting dragged down by the broader market. Look for this insight later this afternoon. The Death of Travel Anyone loading up into airline stocks might want to pay close attention. A new report called “The Passenger Confidence Tracker” reports that more than eight out of every ten people won’t return to their normal travel routines once this pandemic has ended. The survey reports the attitudes of flying among 9.500 respondents in 12 nations. Just 14% of Americans are open to traveling by plane today, and another 14% within the next month. But another 18% say they won’t take to the skies without a vaccine or until the virus has disappeared. Airline stocks were back in the red on Wednesday morning as investors continue to take profits from Monday’s rally. AAL was off 0.8%, JBLU slid 0.6%, and UAL dipped as well. This Trend Is Here to Stay Forget this massive rotation out of growth companies in the digital economy. Remote work is here to stay, says the CEO of IBM. In an interview with CNBC, Ginni Rometty said that she doesn’t expect “technology trends” will “reverse themselves.” Rometty projects that we will see a “hybrid” model where some people operate from offices and others stay home. Telecommuting, digital health, online education, and other companies in the “virtual space” are seeing their stock prices fall fast this week. That has created a string of buying opportunities if you use the right strategies. I’ve unveiled my top virtual stock of 2020 in a recent report and have started using put options to pick my entry points on my favorite stocks. This is the time to be ACTIVE in the market. That’s why I’ve cut my [Portfolio Accelerator]( to an incredible price. You can get access to all my options and stock trades for just $299 over the next 90 days. [Click here to learn more.]( [Get started now.]( MY STOCK WATCH LIST ACB: Bad day for Aurora Cannabis. Shares plunged more than 26% on Tuesday after the company announced plans to issue a new share offering. Shares are off another 16.3% after the company said it planned to raise another $125 million by issuing shares at $7.50. This is a stock in a freefall. Meanwhile, Trulieve Cannabis Corp (TCNNF) continues to rally higher. Shares hit $26.50 on Tuesday. There’s still time to jump in as the company has a price target of roughly $60.00, according to analysts. AHT: What went up… it came down. Yesterday’s rally at Ashford Hospitality Trust was short-lived. As day after shares rallied more than 200% on vaccine optimism, AHT stock has retreated back to earth. Shares remain under pressure as reality sinks on the timing of deployment around a vaccine and the uncertainty surrounding the hospitality REIT sector heading into 2021. It’s not really one of the stocks that I expect to rebound. AMAT: Boy do I love selloffs that drag great tech companies lower with the broader market. Applied Materials is a rock-solid semiconductor company that dropped 2.7% yesterday because of the broader sector. Well… here’s a stock with an F-score of 9, an Altman Z Score north of 6.9. It has a consensus Buy rating with a price target of $76.73, and the lowest price target is $65. So, that January 15, 2021, $65 put that last traded at $2.74 is looking incredibly attractive right now as a two-month trade. Hard to look at that price target and not want to enter the stock. This could be a [perfect Portfolio Accelerator]( trade in the near future. If it falls under $65, I’d be happy to own this rock-solid stock. It if doesn’t, then I’d just pocket the premium for the put contract. HNNA: Hennessy Advisors is a company you’ve never heard of. But insiders own at least 20% of the company and it pays a 6.4% dividend. It’s a tiny little $69 million company with AUM north of $3.7 billion. Its website looks like it was developed in 1999. But combine that insider ownership with that dividend, and you’ve got an alternative income strategy stock that is going to perform. If the dividend falls under 6%, cut it if you’d like. But I think this is a company with an upside of around $11 in the months ahead. OTHERS TICKERS TO WATCH: BRKS, PTON, GBOKF Enjoy your day, Jeff Bishop RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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