Are We Entering a Depression?

Let's get serious

April 4, 2020

Is It Time To Buy Social Stocks?

After an especially tough week, we thought we'd come to you and offer a few thoughts about the market and the things we're paying attention to. But before that, we want to address a question a lot of traders have been asking us: How are the social network stocks holding up? Truth be told, we don't have a lot of interest in the socials right now… Just take a quick glance at Facebook stock, and you'll see it has dropped significantly. And many of the other social media stocks are following a similar pattern -- heck, you could substitute Facebook's chart with Snap's data and you wouldn't be able to tell the difference between them. But there's a surprising technology -- not social -- stock that has the potential to eat those guys' lunch… and we think that's the actual value play…

Here's the answer

24-Hour Spikes Wall Street Can't Hide We spend a lot of time talking about how to reduce risk, and during these scary market conditions… I think you understand why. A good way to decrease risk is to simply minimize the time you spend in the market. In other words, get into a trade before a large move and quickly get out. As a matter of fact, Lance Ippolito made a career out of these "24-hour trades." You see, he deciphers data from the options market and uses it to strike moments before a stock jumps or crashes. If you're tired of the market roller coaster and hate watching your positions plummet… register to see him prove his strategy live Sunday at 8 p.m. ET.

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WE LOVE YOU ALL! Until next time. BookerWealth

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