Should You Trade IPO Stocks on Day 1?
We don’t see these types of trades often, but when we do, they’re easily our biggest account builders of the month. We traded a biotech stock called ANAB. Lately there has been a lot of buzz in the biotech sector. This indicates that the sectors are currently being rotated and a lot of investors are …
Read moreTrading IPO Breakouts: The Factors Needed For The Perfect Storm
In this week’s Swing Trade Stock of the Week video, I highlight CYBR. The cyber security stock hits the momentum swing stock trifecta as it is an IPO, in a hot sector and has remounted the 20 dma (which is one of my favorite setups). As an added bonus, we go over a possible bottoming sector that …