Category Archives for Sami Abusaad
A Market Breakdown Is Coming
ATTN: Sami’s next Mentorship is open! Go here to lock in your spot because they are going fast. Sami Abusaad says the overall market has turned bearish, but hasn’t broken down yet. He goes over the bearish pattern he’s seeing in SPY and QQQ: Sami covers: The strength he sees in energy stocks like DVN, CVX, and ENB The bullish momentum in memory and storage plays Crypto stocks he’s watching Two potential short setups And more!
Continue Reading -->My #1 Oil Play Right Now
ATTN: Sami’s next Mentorship is open! Go here to lock in your spot because they are going fast. Military action against Iran has crude oil higher. Sami Abusaad says the trend will rage on, and shares his #1 oil name. It’s not Exxon (XOM) or Chevron (CVX). Sami also goes over: How QQQ could negate its double top formation The level QQQ needs to take out Why the market is so unclear right now The reason this market looks like “a frog in a blender’ The problem with IWM’s breakout His favorite big pharma name A beaten-down software name that is about to rally And more!
Continue Reading -->Why Nvidia Is Still a Winner
ATTN: Sami’s next Mentorship is open! Go here to lock in your spot because they are going fast. Is the QQQ ready to rock? It’s too soon to say because of conflicting chart signals. But Sami likes Nvidia (NVDA) here as a longer-term play, as he explains in today’s video: Sami also goes over: Why the SPY has not yet signaled a downtrend The reason IBIT may have bottomed A hot real estate name with an awesome gap setup Why solar names are on his radar His favorite energy mame A semiconductor name setting up for a big short Why Hims (HIMS) looks like it will keep on dropping And more!
Continue Reading -->These 2 Ugly, Ugly Stocks Are Buys
ATTN: Sami’s next Mentorship is open! Go here to lock in your spot because they are going fast. Sami Abusaad is bullish on this tricky, sidewise market. And he’s very bullish on 2 beaten down names: PayPal (PYPL) and Zoom (ZM): Sami also goes over: Why the SPY looks better than QQQ right now Why it would be shocking if IWM pulls back in The bull case for his old favorite Ericsson (ERIC) 2 climactic setups you need to see Why he is bullish on Zoom’s (PYPL) monthly chart His entry on PayPal (PYPL) Why he piled into crypto late last week And more!
Continue Reading -->I Shorted the #1 Stock in the Market
ATTN: Sami’s next Mentorship is open! Go here to lock in your spot because they are going fast. Sandisk (SNDK) has been the #1 stock in the market. And Sami shorted it this morning at $644.97 because it made a “forever top.” Sami also goes over: The trouble he sees on the SPY and QQQ weekly charts Why the market is in trouble The problems facing gold and silver Why Alphabet (GOOGL) looks good into earnings Why his short ideas are looking better And more!
Continue Reading -->I’m Buying This AI Victim
The SPY remains very bullish, unfazed by the crashes in Gold and Bitcoin, and weakness in select names like Microsoft (MSFT). Meanwhile, QQQ is in breakout failure mode, while IWM is a mess. Add it up, and it’s impossible to pick a near-term direction. But long-term, the trend Sami shows in the video is hard to break: Sami goes over: A software stock he’s buying that was clobbered on AI concerns (6:46 into the video) Why SanDisk (SNDK), Western Digital (WDC), and Seagate (STX) may have topped out Why you must be careful when leaders break down How he makes money without predicting where the whole market is going Multiples names that look ready to break out Why he’s shorting ultra high-flyer Micron (MU) And more!
Continue Reading -->My #1 Silver Name
SPY and QQQ keep doing nothing. But IWM may have topped out, making this a very tricky market. In fact, Sami says this is the biggest divergence between large caps and small caps he’s ever seen. However, the big story in the market is silver, and Sami names his #1 silver mining name: Sami also goes over: The parabolic action in gold and silver Why you have to be careful with the metals, even with individual names looking strong Why Flowers Foods (FLOW) and Iridium Communications (IRDM) are on breakout watch 2 China names he loves right now Why he is betting against the red-hot memory stocks like Micron (MU) and SanDisk (SNDK) And more!
Continue Reading -->IWM’s Dirty Little Secret
The market uptrend had a problem. We couldn’t get a real breakout. Momentum kept failing. And then on Monday evening, Sami pointed out that IWM could signal a decline if it broke $264.70. Which it did on the open Monday morning: Sami goes over: How he knew IWM $264.70 could give us trouble Why he predicted a pullback this week The big biotech name that looks perfect for a long-term rally A lithium play could could be the next hot metals name A nuclear play that could ignite on a breakout Multiple names that are going climactic, meaning we could see huge reversals 5 names that look ready to drop, including a controversial EV stock
Continue Reading -->The Bull Case for SPY, Long-Term
The market lacks momentum in the short term. But it looks fine long-term based on the powerful weekly chart. Sami explains: Why SPY is a good long-term investment Why he is bullish on China, and his favorite names in the sector A high-dividend payer that can be held for months or even years Where IBIT can go in the next few weeks 1 short idea that had a very bearish gap down Why Zim (ZIM) can rally 30%+ And more!
Continue Reading -->Forget Tesla. Buy This.
Sami has eyes on an ever-controversial EV stock. And it’s not Tesla (TSLA). Find out how he’s playing it in his latest strategy update. Sami goes over: What he sees on Strategy’s (MSTR) weekly and monthly charts Why Lululemon (LULU) can go to $250 Where old classic Twilio (TWLO) can go Disney’s (DIS) amazing monthly chart, which could signal a huge move A biotech name with a beautiful buy setup Why he’s excited about earnings season kicking off next week And more!
Continue Reading -->