Category Archives for Sami Abusaad
My #1 Biotech Idea
Sami argues that the SPY and QQQ are in a tricky situation right now: Sami also goes over: A biotech name that looks super bullish Why he’s waiting for buy setups on the daily chart What’s special about the Advance Auto Parts (AAP) earnings gap An electric infrastructure stock that looks ready to go 5 names that could drop from here
Continue Reading -->This Market Is Unstoppable
Sami Abusaad argues that the SPY and QQQ are headed to record highs. Sami goes over: Why IWM is still bullish, but lagging behind The reason the Moody’s downgrade is not a big deal The exact level that could trigger a selloff in the QQQ’s A casino stock that could rally big from here A medical device play that looks set to hit new highs Why Porch Group (PRCH) looks fantastic A silver stock with a strong long-term outlook An EV name with a beautiful weekly chart Why Sweetgreen (SG) looks awful right now
Continue Reading -->Gold Is a Sell, 2 Traders Say
Gold is down 8% from the highs, thanks to improving sentiment toward risk assets and the improving trade picture. But Sami and JR are not buying: They go over: 2 rules for buying gold everyone should know The key level gold violated just today Why Sami an JR warned that gold was out of control around the peak in April\ Why this is not the time to buy the dip in gold Where gold could fall near-term How to know what a healthy trend looks like What makes an uptrend unsustainable – exactly what happened with gold
Continue Reading -->What I Like in This Sloppy, Sloppy Market
This market is extremely tricky – and Sami Abusaad explains why in this video: Sami explains: Why the SPY looks lower — but it’s not an easy call What typically happens with sell setups Where IWM needs to hold, and why it’s the clearest index ETF to watch right now The great thing about the market right now The energy drink stock he likes here The pet name that looks very bullish 3 stocks he is bearish on And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting soon.
Continue Reading -->My 2 Favorite China Stocks – I’m Not Crazy, I Swear
The market bottomed on Wednesday, and it looks like upside is limited. Sami Abusaad explains his reasoning, and also hares his 2 favorite China names — even with the tariff mess: Sami goes over: The reason he’s bullish right now Why he doesn’t see a “pretty picture” for the market, even though there is upside ahead Why the market doesn’t have smooth sailing The benefit of earnings season kicking off on Friday The bull case for Alibaba (BABA) and the Direxion Daily CSI China Internet Bull 2X Shares (CWEB) ETF Why he is ignoring the tariff conflict between the US and China, and focusing on the charts Tesla’s (TSLA) entry opportunity here And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting soon.
Continue Reading -->The Heat Is On
Friday’s big red bar means the market is in trouble. Sami Abusaad explains: What the market would needs to rebound Where QQQ and SPY are going next A real estate stock that looks phenomenal What could turn AIG (AIG) into a magnificent long-term play A silver play that could trigger this week for big potential upside A quantum computing name that could go lower Why Lululemon (LULU) looks bearish And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting in April.
Continue Reading -->My Price Target on Tesla (I Own 2,500 Shares)
Sami Abusaad bought 2,500 shares of Tesla (TSLA) at $235 — just as Minnesota Governor Tim Walz infamously trashed it. Tesla then skyrocketed up to $288.20 before coming back down to Earth. Is Sami giving up on this recent dip? NO. In fact, he has a new price target: Sami explains: What he does when a bottom is truly in Why Tesla can hit $342 How he calculated that $342 target price Where he will look to actually exit Why this is not an easy market The unique nature of the recent market tops and bottoms. And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting in April.
Continue Reading -->Tesla: I’m Betting Big!
Last week, Sami Abusaad announced he bought 2,500 shares of Tesla (TSLA). The stock has had a nice rally since then – but Sami is STILL betting big on the stock. Learn more in today’s video: Sami also goes over: Why SPY and QQQ can’t break Friday’s lows Why the airlines look good for swing trades now The bull case for Docusign (DOCU) His current take on Reddit (RDDT) after a 50% drop The best-looking real estate stocks here A semiconductor name with a beautiful weekly chart The weird thing about the recent market bottom And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting in April.
Continue Reading -->Why I Bought 2,500 Shares of Tesla Stock
Sami Abusaad bought 2,500 shares of Tesla (TSLA) — and he shares why. Note: Sami made his buy BEFORE the post-FOMC rally. If you’re long this volatile stock… listen to this: Sami also goes over: Why he likes Amazon’s (AMZN) “cute little setup” His bullish take on DPST, a leveraged bank ETF which has “one of my favorite entries of all time” The China stocks he still loves, including some leveraged ETF’s A stock with a perfect “garbage pattern” A stock with a beautiful daily and monthly chart Real estate stocks that look ready to rock higher And MORE! By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting in April.
Continue Reading -->6 China Stocks I Like Right Now
Sami explains the conflict in the US major averages right now, and goes over why he’s so focused on China: Sami also goes over: Why it was so hard to predict the SPY top The conflict between the daily and weekly charts The reason bounces will be short-lived Why we need to produce follow-through to the upside 6 China names that look great right now What makes entering China stocks tricky Why Tesla (TSLA) may have bottomed with a Climactic Buy Setup The appeal of TSLL over Tesla By the way, if you want to accelerate your trading progress in a big way, consider joining Sami’s Mentorship starting in April.
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