We are starting to see some bubbles being burst in the top stocks traded on the Robinhood platform since the Coronavirus took hold.
…So long Nikola Corporation (NASDAQ:NKLA)…down to pre-IPO levels in under 2 months.
Airliners also haven’t increased back to “normal” levels after their short-term rally.
What is the lesson or take away from all this commotion in markets? If you want to make consistent profits: you have to follow the momentum.
The movement present in today’s market suggests a rotation out of value names and inflows into technology and NASDAQ-100 (INDEXNASDAQ:NDX).
Watch the full interview to find out the hot sectors moving over 5% daily. We’ll also teach you what to look out for.
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[…] Written by James West […]