Best Stock Picks Today | BABA Bounces Jack Ma 1-20-21

Best Stock Picks Today | BABA Bounces Jack Ma 1-20-21

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BEST STOCK PICKS TODAY

Trading Game Plan: 1-20-21

Alibaba founder Jack Ma appears for the first time since crackdown on his tech empire

GUANGZHOU, China — Alibaba founder Jack Ma has emerged after weeks out of the spotlight, which sparked speculation about his whereabouts as his companies face increased regulatory scrutiny.

Alibaba’s Hong Kong-listed stock was up over 8% on news of his reappearance. Source:

BABA bounced in pre-market trading but there were clues to the bullish rally two weeks before today's buying pressure. We show you how to spot the early signs so you can get the best price on your next entry.

NFLX Netflix announced incredible earnings and guidance, but the best news was the divorce from borrowing to grow the business. A common business practice and an important milestone when it's no longer needed.

GM has vaulted into the conversation as the stock gapped higher again yesterday giving us a new opportunity to trade an old friend.

We've mentioned semiconductor stocks for roughly a month now as they continue to climb. TSM, AMD and MU have been favorites for the community. MU was a big winner for day trading yesterday.

Earnings scheduled for today include: UAL, PG, UNH, MS, and DFS.

Pete

Pete Renzulli
 

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