Best Stock Picks Today | NVAX Novavax Rallies 30% 1-29-21

Best Stock Picks Today | NVAX Novavax Rallies 30% 1-29-21

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BEST STOCK PICKS TODAY

Trading Game Plan: 1-29-21

Novavax says Covid vaccine is more than 89% effective

Biotech firm Novavax said Thursday that its coronavirus vaccine was more than 89% effective in protecting against Covid-19 in its phase three clinical trial conducted in the United Kingdom.

The results were based on 62 confirmed Covid-19 infections among the trial’s 15,000 participants.
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NVAX is trading 30% higher in pre-market trading so I'm looking for bullish day trades today in Novavax as well as MRNA.

DD continues to trade bullish order flow and with heavy volume so we're looking for a new wave of momentum.

SPWR is showing the best price action for the solar stocks so there's no need to dig deeper into the industry group. After an impressive rally and strong close yesterday I'm planning a new swing trade.

PENN and DKNG spike on good news and broke key resistance levels. I didn't enter either stock yesterdays because I wanted confirmation the buyers were "real." So I'm looking for new entries today.

CGC has traded strong all week but is too far from the optimal entry price, so we're looking to day trade this stock with a "bullish echo" trade setup.

Pete

Pete Renzulli
 

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