2020 Stock Market Predictions: Short or Go Long on $SES?

Table of Contents

1. Introduction
2. Pot Stocks Take Off
3. New Year, New Goals
4. Short Squeezes and Market Predictions
5. Stocks to Watch
6. Open House and Recruiting Traders

Pot Stocks Take Off

Happy New Year, everyone! It's great to be back on January 2nd, and I hope You're all as excited as I am. Before we dive into today's topic, I want to give a quick shoutout to Bud Michaels, who made a whopping $6,500 on the SES this morning. Let's give him a round of applause!

Now, let's talk about pot stocks. New Year's Eve was a really good day for them, and they took off. TLLY, TLRY, CGC, and ACB all did well, with TLRY being one of our big home runs from last year. It went from $15.82 to $17.60, and we know this stock very well.

Pot stocks are still a good option for beginner traders who don't have a lot of money. ACB, for example, went from $8 down to $1.00, making it a really good-looking Charm.

New Year, New Goals

It's a new year, which means it's time to start all over again. Remember what you learned in class and implement it over time. If your goal was to make $100,000 last year, your goal this year should be to double that. Always try to double what you made from the year before.

It's not that hard to do. You only need to make a dollar a day on a thousand shares. It may be a little choppy in the beginning, but be patient. You'll get there.

Short Squeezes and Market Predictions

We're going into our election year, so we may not see as much of a rally in the market as we'd like. Unless all these China deals and the U.S. MCA make a big factor, we'll probably hit 32,000 on the Dow and finish out next year.

Short squeezes are the best, and we know they can happen. If the market goes up, we have a short squeeze, and we all know how those work out. People who want the market to go down will have to cover, and it just goes off.

Stocks to Watch

Let's talk about a couple of stocks that are moving this morning. First of all, the SES is on the watchlist. It's moving up pretty nicely, but be cautious. There's a big resistance level at $11.11 a share, and we need to see if that guy gets taken out.

PLX is another one to keep an eye on. It had a good move on Tuesday, but the spread is a little big. We'll put that on the Second protocol list.

SAVA has been so much fun for us. We made so much money with this stock in the last couple of days. It went from $1.50 to $7.00, and it's right at the highs from yesterday.

Open House and Recruiting Traders

Don't forget about our open house today! We're really excited about it and look forward to seeing everyone here. We'll be recruiting traders, so come and see what it's all about. The only way to know the real truth about trading is to be part of the room.

Good luck today, and happy trading!