Guys, tomorrow I'll be looking at companies in the diesel industry. I haven't decided for sure which ones yet. I'll have to see how they look during pre-market. I probably won't make any decisions right now because things have been changing a lot lately due to outside factors. I'm not sure what the pre-market will look like, but currently, the futures are up and everyone seems to be making gains. However, my top picks are Alibaba, Amazon, and Tesla. Although I made some money when Amazon took a dive today, it soon went back down. Despite that, I still think there's a lot of potential for profit with Tesla, especially before their earnings report. If we have a positive trading day, I would strongly consider trading with both of those companies. Additionally, I am also interested in Nvidia, especially once they complete their acquisition on the 27th. I believe they will continue to experience growth and have received positive ratings from 98% of analysts with a price target of $320. On another note, Sanofi Pharmaceuticals has an FDA meeting on the 25th for potential approval. There is a lot of discussion surrounding this, so it's worth paying attention to. Once I finish my one-on-one session, things will go back to normal and I'll be able to talk more and answer your questions as usual. However, until I complete the project I'm currently working on, things may be a bit disrupted. Please bear with me. I appreciate each and every one of you for your support and understanding.
Trader-101 OP : if you guys are building a long-term portfolio lost pick up oil right now it's going to stabilize you won't see these prices again do not go with anybody other than Exxon Chevron route 66 or my personal favorite Apache and WTI those are the only company that would buy in the oil sector
MertasihIluhnita : What do you think abaout USO? It this good for long term ?
Trader-101 OP MertasihIluhnita : stay away you don't want to buy anything leverage with oil future contracts right now markets to unstable by companies by WTI only that's the only one I'm in right now that's the oil refinery attached to the oil futures to actual commodity when you're buying uso those are contracts on barrels of oil the actual commodity and literally yesterday a drop down so low that it they would have had to pay somebody $32 a barrel just to take it and buy it from them it's crazy don't buy it