Best Stock Picks Today | Trading the AMC Short Squeeze 2-1-21

BEST STOCK PICKS TODAY

Trading Game Plan: 2-1-21

Should you be trading the potential AMC short squeeze and expect the same type of price action as GME Game Stop?

In today's list of stock picks I outline a trading strategy for trading this increased volatility and the characteristics a trader needs to successfully trade this stock today.

After three days of heavy selling since the FOMC announcement last week, and some big earnings reports, it appears the stock market is ready for a bounce.

S&P 500 futures are trading higher and have formed a candlestick reversal pattern.

The biggest question for this week: "Is this a short covering rally or is smart money seeing opportunity and new stocks to buy today?

I'll be focused on the leading stock in the strongest groups. Imperfect stock market conditions make me go to the best of the best.

My game plane for today includes: CGC, SPWR and ABT. In total we discuss nine stock picks for today.

Pete