AAPL KIA Car Talks Stop | Best Stock Picks Today 2-8-21

AAPL KIA Car Talks Stop | Best Stock Picks Today 2-8-21

boot camp entries stop loss profit targets (1)

BEST STOCKS TO BUY NOW

Apple Car Talks Aren’t Happening, Say Automakers Hyundai, Kia

Hyundai Motor Co. and its affiliate Kia Motors Corp. said that they aren’t in talks with Apple Inc. to develop an autonomous vehicle, responding to intense speculation about the potential new product by the maker of the iPhone. Source:

With the SPY ETF and stock futures trading positive this morning, I'll be looking to book profits on swing trades from last week, specifically the financial stocks GS and JPM.

New trade setups this week include SNAP, and TIGR (new to the watch list).

ZM (Zoom) reversed recent bearish order flow and looks poised for a few more days of buying. Initial profit targets here are in the 460 range. If the weekly chart improves we may see 500.

About two weeks ago we mentioned the home builder stocks and wanted a pause before we started new swing trades. Today TOL sets up for a new position.

MTCH rocketed higher after earnings, but it's well beyond the optimal entry, so I'll be waiting for the best price for a new swing trade.

We also have a few stocks in the game plan with bullish order flow that have pulled back for a few days giving us excellent risk/reward scenarios.

We review eight potential stocks to buy today.

Pete

Pete Renzulli
 

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