VIAC DISCA Stocks Plunge Due to Forced Archegos Liquidation | Stock Picks 3-29-21
TOP STOCKS TO BUY NOW
Monday March 29, 2021.
Finding the best stocks to buy now hasn't been easy the last four weeks. Sector rotation in the stock market has unfolded each day without predictability.
Our list of the best stock picks today focuses on semiconductor stocks, more specifically chip equipment stocks.
Home builder stocks are seeing new swing trading setups and breakout opportunities.
We also review electric vehicles stocks such as TSLA, NIO and XPEV and why these are not stocks to buy now.
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ViacomCBS (VIAC), Discovery (DISCA) Plunge Due to Forced Archegos Liquidation
Media stocks ViacomCBS and Discovery, plunged due to the forced liquidation of positions held by the multibillion dollar family office, Archegos Capital Management. Selling pressure in select U.S. media stocks and Chinese internet ADRs on Friday CNBC reports.
0:00 Trading Game Plan for the Week
0:58 List of Stocks to Trade for the Week
1:50 Position Sizing Considerations
2:45 Sector Rotation in the Stock Market
4:48 Stock Trading Lesson - Stock Market Leaders
8:00 SPY ETF and QQQ ETF Chart Analysis
10:00 VIAC Stock DISCA Stock - Entry Levels and Smart Money
12:31 List of Today's Stock Picks