All posts by Sami Abusaad
The #1 Sector Right Now
Sami Abusaad is cautious on the market. But there is one sector he likes right now… along with a beaten-down EV name that is not named Tesla (TSLA). Sami goes over: Sami explains: The #1 sector that looks most bullish right now Why Sami started this week bearish The reason SPY and QQQ could see their August 1 lows A left-for-dead EV name (not Tesla) that might be ready for a breakout A large-cap biotech name with a beautiful daily buy setup Why he likes the monthly and weekly charts in Wheels Up Experience (UP) A beaten-down tech name that looks ready to rebound Multiple short ideas that can work into the big Jackson Hole meeting And more!
Continue Reading -->Why Pullback Risk is High Right Now
Sami Abusaad argues that the market is at risk of a pullback right now: Sami goes over: The exact levels in SPY and QQQ that could signal a broader pullback for the market Why IWM looks messy after its recent rally attempt Why it’s hard to pick a top when the market is grinding up A crypto miner with strong upside potential Why Gartner (IT) might rally after its huge gap down What’s so bullish about gold and silver right now, and the miner he is targeting The bullish trend in solar names Another China name that is setting up for a big long-term move The bear case for Coinbase (COIN) And more!
Continue Reading -->Reality Check: The Market Topped Out
Sami Abusaad argues the market topped out. Here’s why: Sami explains: What the gap down after Apple (AAPL) and Amazon’s (AMZN) earnings reports means The problem in understanding the trend Why QQQ $540 could come into play How IWM could hit $200 Why Monday represents a line in the sand – and would could nullify the bear case Why it’s hard to find good shorts right now – even with the market looking shaky The gold name Sami likes right here A biotech stock that looks ready to ignite And MORE!
Continue Reading -->My 3 Favorite Stock Ideas Right Now
Sami takes you through this top 3 swing trades, including: A leading cloud software name breaking out to new highs An Aerosol technology company that is staging a rapid reversal higher A surging biotech name Sami also goes over: Why he likes Microsoft $MSFT into earnings Why he does not like Meta $META into earnings Why Bristol-Myers $BMY looks like a short His favorite leveraged ETFs
Continue Reading -->My Secret Chinese Buy List
Sami Abusaad is still bullish on China – and is focused on some new names you haven’t heard of: Sami explains: Why the overall market bias remains bullish Why Microsoft (MSFT) looks like SPY and QQQ The breakout setup in a Draftkings (DKNG) Why China name Kingsoft Cloud (KC) looks ready to rip The other names China loves right now The AI names that looks destined to fail An airline stock set to break down further
Continue Reading -->Why I Love Trading
Sami Abusaad loves trading – but not because it’s an easy way to get Lambos and women: Sami explains: How trading has changed his life Why Sami likes to be his own boss The surprising thing he learned about himself through trading Why trading has taught him way more about life than books Why he likes being his own boss
Continue Reading -->We’re Due for a Pullback But I’m Still Bullish
Sami Abusaad says the market is extended and due for a pullback. But the technicals still look super bullish. Sami goes over: How the market looks super-extended on the daily chart Why his favorite idea is a boring insurance stock A crypto play he’s watching that’s NOT Bitcoin A pharmaceutical play that looks ready to turn higher The breakdown failure in VSTS The trouble with shorting a name like GME And MORE!
Continue Reading -->I Want This China Name BAD
Sami Abusaad is super bullish on China, as evidenced by his giant position in the Direxion Daily FTSE China Bull 3x Shares (YINN). But now he’s targeting another China idea: Sami goes over: How the market took Sami by surprise Friday The specific levels that could cause SPY and QQQ to break down The importance of Friday’s lows Why the overall buyish should be bullish The China name he wants to get in next after YINN Why he is targeting UnitedHealth (UNH) again 3 names he wants to short And MORE!
Continue Reading -->This Trashy Stock Could Go Up 40%+
Sami Abusaad has been very bullish – but the trend is starting to weaken. See what he means here: Sami goes over: The importance of the 20 and 200 day moving averages on the SPY daily chart Why IWM is key right now What could make Sami bullish all over again The importance of Monday’s action 4 ideas he likes right now A pharmaceutical name with a strong daily and weak monthly chart A “trashy” stock that could go up 40%+ 5 stocks that look set to drop hard And more!
Continue Reading -->Yes, Sami Still Loves Tesla and Will Not Apologize
Sami Abusaad has made multiple iconic predictions on Tesla (TSLA) over the years. And he is still bullish on the stock – even in the face of constant bad news: Sami goes over: Why Tesla will not be a car company whatever The importance of the massive rounding bottom on Tesla’s monthly chart The tricky thing about the daily chart How Tesla recovered from the Elon Musk-Donald Trump disruption What could turn the stock down
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