LAZR Luminar Trade | Best Stock Picks Today 12-4-20

BEST STOCK PICKS TODAY

Trading Game Plan: 12-4-20

Luminar: Autonomous driving technology

Luminar, which creates lidar technology critical to many automakers’ autonomous driving efforts, is going public through a special purpose acquisition company (SPAC) and the deal will make Luminar co-founder and CEO Austin Russell a billionaire — at the age of 25.
(Source CNBC)

The stock market continues to drift higher as the stimulus package talsk appeara to be getting closer to an agreement. Reports show $900B is number, we're just waiting on the details to be ironed out.

If this happens it could be the fresh catalyst the smart money is waiting for.

Single day percentage gains have been incredible this month and ZS delivered yesterday with a 26% daily advance. This stock and CRWD will be in play for us today.

Airline stocks, cruise lines and WYNN casino broke significant resistance so we're creating a trading game plan to begin building new positions for long-term moves (6 months out).

SBUX and NKE advanced through significant levels and will have our attention today as well.

In total we review seventeen new stocks picks for today.