All posts by Sami Abusaad
Why I Like the Controversial Super Micro (SMCI)
Sami explains why the market is bullish – but sloppy. Sami goes over: Why we could see a short-term pullback within the bullish long-term trend Why he still believes the stock market has bottomed Why most swing ideas are not yet ready to go The reason he likes the controversial Super Micro (SMCI) from here His opinion on Micron (MU) His favorite gold names And more!
Continue Reading -->Tesla Is Going to $400. And Bitcoin Is Going to $100,000.
Sami Abusaad has been a long-time bull on Tesla (TSLA). And today he said the stock is going to $400: This makes Sami far more bullish on Tesla than Wall Street analysts, who have an average target price of $209. Sami also explains: What Sami sees on Tesla’s monthly chart Why Bitcoin is headed to $100,000 Why he actually likes Ethereum more than Bitcoin right now Why he still believes the stock market has bottomed And more!
Continue Reading -->Yes, I’m Bullish
Sami Abusaad explains why he is still bullish Sami goes over: Why he is still bullish following the recent market bottom The tricky thing about 1-2-3- setups right now Why IWM will eventually pop – though it’s tricky to know when The gold name me likes right now The semiconductor stock that looks like it bottomed Friday 5 names he think can drop from here And MORE!
Continue Reading -->The Market Bottomed — and I Still Love Tesla
Sami Abusaad argues the market has bottomed, and explains why he is bullish on Tesla (TSLA) and Gold (GLD) here: Sami goes over: Why he is so long-term bullish on Tesla (TSLA), and why he’s bought it multiple times Why he loves driving his Tesla Model Y Performance How he picked Ferrari (RACE) for the Strategic Swing Trader newsletter The parallels between Tesla’s Full Self Driving mode and Microsoft’s (MSFT) Windows franchise The reason Gold (GLD) is leading and still looks great The confusing picture in Bitcoin — which looks short-term bullish and long-term bearish His focus on “boring” stocks like AT&T (T) and eBay (EBAY)
Continue Reading -->Why This Market Is So Hard
Sami Abusaad explains why it’s so hard to determine the trend right now: Sami also goes over: A potential long scenario in QQQ this morning Why it’s hard to put together a game plan today Why Sami like CAVA, DOCS, and EBAY Why he’s bearish on ARRY, CHPT, RXRS, and others And MORE!
Continue Reading -->The Stock Market Is a Mess (and Bitcoin ain’t much better)
Sami Abusaad explains the major conflict he sees in SPY and QQQ. Sami also goes over: Why the market looks short-term bearish and long-term bullish How the market’s complexion is affecting his view of Tesla (TSLA) stock Why most stocks need the market to rally Why the Bitcoin chart looks so sloppy right now GLD’s powerful trend in 2024 Whether there is a connection between GLD’s strength and the market’s sluggishness His favorite sleepy and boring stocks like 3M (MMM), AT&T (T), and Ericcson (ERIC) The power of finding strong setups on the monthly chart Why Sami DOES NOT expect a huge move soon And MORE!
Continue Reading -->The Power of This QQQ Buy Setup
In this week’s swing trading video, Sami Abusaad breaks down the QQQ’s buy setup: Sami also goes over: Why SPY looks bullish How the QQQ/SPY buy setup can fail Why IWM is so difficult to analyze right now EOSE’s bullish 1-2-3 pattern Why Sami likes the monthly pattern in LYFT, which is similar to DIS Which China stocks look good right now Why Sami likes TSLA and QCOM here And MORE!
Continue Reading -->Nvidia Looks Good, and Gold Looks Even Better!
Sami Abusaad covers the aftermath of Nvidia (NVDA) earnings, and explains why it looks good long-term: Sami also covers: Why he normally does not trade after hours Why he jumped on Nvidia (NVDA) long after earnings The reason Nvidia should shake off near-term choppiness Why he still finds Level II data useful The particular times when Level II is especially powerful The unusual thing about Super Micro’s (SMCI) monthly chart Why SMCI is not rebounding any time soon The reason Gold’s chart looks absolutely beautiful now The “stealth” bull market sector nobody is watching His opinion on China names, including Alibaba (BABA) Why the AdvisorShares Pure US Cannabis ETF (MSOS) still looks rotten His 2 current favorite earnings names
Continue Reading -->IWM Needs THIS to Follow Through
This week Sami explains why the market is bullish — though perhaps in need of a break into Nvidia’s (NVDA) earnings report Thursday. Sami also goes over: What IWM needs to do to follow-through on last week’s big breakout Why he likes names like AVTR, DNB, JD, and RNG Why he’s bearish on CELH, NTES, RAMP, and others
Continue Reading -->Why We’re About to Pull Back… and Go Higher
In today’s video, Sami Abusaad explains why the market will pull back… and then go higher: He also shares: Why he likes Real Estate stocks like AGNC Why he is bullish on troubled online dating stock BMBL Other names that can rally 5 stocks he thinks can drop
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