Posted December 23, 2020
By Scott Stewart
3 Stocks to Trade the Downside
Welcome to Rude Awakening for Wednesday, December 23, 2020.
Todays will be our last issue of the week, with Christmas Eve tomorrow!
And next week, my Christmas present to you all will be a special series of videos, coming out each day, to help you make the most of my daily analysis at The Rude.
Now, heres what you need to know today
Steady Market Actions
The futures market had a selloff last night. This morning markets are opening with a slightly positive bias.
Volatility is currently very low, as were looking to have a trading day similar to yesterdays where we did not have a lot of movement overall.
Stimulus checks will be going out, and this positive news is floating markets a bit. On the other hand, jobless claims coming out, we are still above 800,000 of Americans filing for unemployment last week.
Trading Upside/Downside
We have three new stocks for you to add to the watchlist:
- Nikola Corporation (NKLA)
- Blink Charging Co. (BLNK)
- Moderna, Inc. (MRNA)
Were adding these for trades different than you might think
Have a great trading day, folks.
And have a Merry Christmas!
Regards,
Scott Stewart
Editor, Rude Awakening