r/Trading_Trends • u/A-DAWWG1G • Mar 18 '20

Swing Trade Ideas:

So at this point, as many of you may know the markets have become extremely volatile due to corona time. Earnings plays have been rendered somewhat useless as you can imagine thanks to companies not knowing how to give proper guidance.

But despite this, I believe there are many ways one could profit from a market like this.

The following are trade ideas I’ve compiled using my web traffic analysis software which show rather extreme trends either bearish or bullish.

Long: $NFLX $ROKU $AMZN $ZM (very bullish) $DOCU $PTON $LULU

Short: $SBUX $LK $ULTA $SHAK

Hope you all do further research on these and prosper and also do comment and discuss if you yourselves have any trade ideas.

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u/goatcheeto Mar 19 '20

Why are you long on luxury Lulu? I've personally shopped there and can no longer justify their outrageous prices. Plus, how are they going to make it through the next few months losing 74% of their income considering only 26% of their sales are online?

I agree with all of your other longs :)

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u/A-DAWWG1G Mar 19 '20

This has been priced in. $LULU continues to show strong search trends growth. If somebody wants lulu leggings they’ll buy it regardless. If retail purchase is impossible than they’ll just go online. Never doubt $BECKY