Great day today! Multiple 5 figure profit days for many different members.
You guys are killing it and it is so motivational for new members! We love to see it!
Tomorrow is also quadruple witching day. For those of you who don’t know what that means, quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December.
$TSLA – TSLA will be added to the S&P 500 on Dec 21 and tomorrow is the last day for it to index/fund managers to buy TSLA stock before it is officially included and starts trading as part of the S&P 500 on Monday. This will make the stock extremely volatile and in our opinion, bullish as investors will be loading up. New high today around 659 and if it can break that, we see it moving to 675-700+.
$FUBO – if you have not seen the buzz in #?trading-chat? here is your chance to look at the watchlist and plan ahead. FUBO has recently gained a ton of traction and in my opinion it is a great growth stock. They offer TV/streaming services, along with betting wagers on sports. Could be the next ROKU, which is currently valued at 300+.
$CGRO – New SPAC that will merge into INVZ soon. Innoviz Technologies is a developer of high-performance, solid-state LiDAR sensors and perception software for autonomous vehicles. Competitor to LAZR and VLDR.
$SKLZ – Esports… on the rise. It is everywhere. Recently approved merger with FEAC, now SKLZ. Skillz is a well run gaming company that is mission driven and riding major tailwinds. It has well over $1.6 billion in gross marketplace volume and over 2 billion tournaments played per year.