Picks for 12/31/20

Watching many of the same names today. JMIA and VERI are on the top of my list. Both have provided intraday trade opportunities for the last several weeks. I bought some GLD and VIXY calls to hold into the New Year since the GA senate runoff and the planned protests on 1/6/21 have potential to spook the markets.


NIO - The recent bounce of the 50 sma and the MACD curling looks bullish. In addition it closed above the 50% fib level yesterday. Also the POC for the last 30 days is 45.25 which makes for a low risk entry point. I think this sees $50 today.


PVG - This one moved as expected yesterday so I am sticking with it.


Watching: BCOR, TRIL, GLYC, FBIO, CKPT and DAKT for a rebound at the $4.58 level.

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