It’s that time of year for blue-chip stocks as fund managers seek safety, and Uber is likely to be the next stock to join the S&P 500.
I’ve been talking about this stock for a couple of weeks now, and it’s been on quite a tear, running nearly 30% to about $60 a share in just one month’s time.
That means now is not the time to enter, but rather take profits if you’re long.
We have some big earnings this week from Tuesday to Thursday, including Dollar General (DG), Nio (NIO), meme stock favorite GameStop (GME), DocuSign (DOCU) and more!
We also have some important Federal Reserve data on the table this week, so I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
P.S. It’s Time for the Next Step in Your Trading Evolution
It’s time to hit the gas and accelerate my Weekly Cash Flow Challenge!
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