Trending Thursday - July 30, 2020
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Trending Thursday is all about what stocks are making the news and how you should possibly trade them or not. This is the place to analyze newsworthy stocks and make better informed decisions on what to do.Every week, the stock market move is in play. The market has a mind of its own and it hard trying to outguess what the market is doing. How do you eat an elephant? One bite at a time. How do you play this market? One day at a time! The Fed said economic recovery is still below pre-pandemic levels! Interest rates will remain unchanged and we have an accommodative/Dovish Fed! Join Glenn as he shows you have to navigate the market with confidence. VVC, SPYThe Coronavirus pandemic is affecting many aspects of our daily lives. Working from home, sporting events, and just a new way of life. Pharmaceutical companies are frantically looking for a vaccine to stem the tide. The resurgence of breakouts threatens our ability to live our lives like we used to. What companies are ahead of the curve? A few companies are already in Phase III trials? What does that mean? It means they are trying out what they have as a potential vaccine on people!!!!! We should be excitingly cautious! What stocks can make big moves right now? PFE, BNTX, MRNAWow oil makes the news again!! Supply Demand, who is winning? I’ve said it before and I will say it again, DEMAND moves oil. Oil has been around a long time and our lives revolve around it. Transportation, heating, petroleum based products. The pandemic has changed many things. Are we at a level of demand? Are we still at a level of oversupply? Make sure you stay tuned to see what you should consider doing! HAL, WTIGold is shiny and bright, but is the timing right? What moves gold? Why do you want to buy gold? Gold is a precious metal commodity and normally a safe haven when the economy is not doing so well. Is it time to buy? What can you look for to help you make that decision? Let Glenn show you how to analyze what is really going on and what to do!  UUP, GLD, HUI, HMYEvery week and I mean every week, Glenn finds stocks that catch his attention and this week we have a wild one!! Have you seen Kodack? This company makes photo film and is now in the coronavirus space! Wait, what? Huh? That’s right! Whoa Nelly, buckle up and hold on tight because this could be a wild Bronco Bustin Ride!!! Heeee hawwwwww!!!!! KODK, BA, JCPNQ, SHOP, RADDon’t forget to bring your stocks to the presentation because Glenn will analyze them on the fly for you on the spot!!!!