The 2020 halving event is just months away. Shake Shack (SHAK) – Shake Shack (SHAK) rallied almost 3% on the first trading day of 2020. I have been buying SHAK boutiques near me over the past two months and will continue to do so below $65. Tell me when to buy a stock and I will tell you when to sell a stock. American Intl Group, Inc. (AIG) – AIG hit $38.08 Tuesday after an afternoon sell off but is trading back over $40. The Coronavirus has now spread into Italy and further into South Korea which is causing investors to irrationally sell stocks. Shares are somewhat expensive right now so I’d rather buy Amazon (AMZN). The stock market went straight up this week but now it appears that China’s economy could take a huge hit from the Coronavirus. The fear is really gripping the market but we are soon near a bottom. There has been a lot of buying of the S&P 500 below 2900 so I’m expecting a massive rally whenever we bottom. I’m expecting another huge bounce if the S&P 500 tests 2950. I traded SPCE very successfully today and decided to keep my shares I purchased at $19.38.
I’m expecting a huge bounce between S&P 500 3,000-3,100 As for my long term investments, I own Shake Shack (SHAK), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC) and Tesla (TSLA). As for my long term investments, I own Tesla (TSLA), Beyond Meat (BYND), Grayscale Bitcoin Trust (GBTC), and Shake Shack (SHAK). I plan to hold TSLA for the long term and add more on weakness or if GBTC surges, switch into more TSLA. I plan to hold for the long term and add more on weakness or if GBTC surges, switch into more TSLA. I bought back into Beyond Meat (BYND) today and will continue to add on weakness before and after earnings. Beyond Meat (BYND) – Beyond Meat (BYND) hit the $130’s last week but then dropped back near $100. I purchased Tesla (TSLA) last week at $732 after the company raised $2 billion. I purchased Tesla (TSLA) this morning at $732 after the company raised $2 billion. General Electric Company (NYSE:GE) – General Electric will be reporting earnings on Friday morning.