Vlad’s #1 Coronavirus Stock to Buy!

RoboStreet – January 23, 2020

Coronavirus Triggers Long Awaited Market Pull Back

Leading up to this week, the greater investing-community was wondering what if anything could compel some selling of stocks to enter the trading landscape. With just about everything a bull market could ask for – trade deals, low inflation, low bond yields, proactive central bank policies, stock buybacks, better-than-expected earnings, ample sideline cash, and a tame dollar – the newest threat of a deadly virus spreading further throughout China and outside its borders triggered some minor selling pressure. 

The SPY has only given back 1.0% in the past two days, which demonstrates just how strong the underlying bid is for the market. My outlook for the next four weeks is slightly different. I expect shallow corrections in the next two weeks and the bull trend to be intact. However, the market is approaching overbought levels we have not seen for a few months, and the market is due for a short pullback by the end of February. We are remaining buyers on the pullbacks as long as the market is above 50-day m.a. on SPY.

 “I’m investing my own money in each and every stock as my AI platform identifies.”

And remember we’re not talking about day-trading here.  I’m looking for 50-100% gains inside of the next 3 months, so my weekly updates are timely enough for you to act.

Click Here – To See Where I Put My RoboInvestor Money

Key rising support levels for SPY are at 320 and 325. Technology continues to lead all sectors with semiconductor stocks exhibiting the best relative strength this week. Sector favorites Intel Corp. (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA Corp. (NVDA), NXPI Semiconductors (NXPI), Applied Materials (AMAT) and Lam Research (LRCX) are all printing new 52-week highs, and in the case of AMD, NXPI, AMAT, and LRCX, new lifetime highs.  

What’s interesting is that those industries most vulnerable to the Coronavirus have all endured sharp bouts of selling the past two days. Shares of global hotels, casinos, cruise lines, airlines and consumer discretionary stocks in China were hit hard on the headlines. The World Health Organization (WHO) is meeting for the second time in as many days to render their views on the situation. China has quarantined six cities comprising 23 million people after it was reported that almost 700 cases of the virus are active. 

Of the many leading travel and leisure stocks being negatively affected by the virus headlines, I’m most attracted to Delta Air Lines (DAL). The company reported fourth-quarter earnings this time last week that beat forecasts. After shares of DAL traded to within a point of their all-time high of $63.44 the stock pulled back on the pandemic fears to test the $58 level where its 50-day m.a. comes into play. 

Our Seasonal Chart is also warm to getting involved with DAL at current levels as two out of four probability indicators are giving “higher” readings for the next 20 and 40-day periods. When the threat of the virus spreading starts to diminish, I expect DAL shares to take out the previous high and push above $65. 

We’re at a point in the rally where the market is looking for reasons to consolidate some of the gains, so getting proper timing for entry points is of the highest focus for our members. This also applies to taking profits. We booked some fat gains this past Wednesday, selling 50% of our positions in the five positions listed below.

Our Winning Trades Percentage is an eye-popping 89.74% going back to April 2018. I don’t know of any trading platform available in the marketplace where 9 out of every 10 trades recommended are profitable. My AI platform is always learning, always getting smarter and improving the lives of subscribers every day. 

I invite everyone reading this weekly hotline to join as a member of RoboInvestor today and put my AI tools to work for your portfolio right away. We’re currently long 15 positions or about 75% of being fully invested. We’ve sold into strength, are holding some powder and adding to where there are opportunities created by situations like the Coronavirus as long as they are confirmed by our AI tools. Take me up on my offer to radically grow your portfolio in 2020 with a proven 90% rate of success. Do it. And by all means, do it today and have the power of AI at your fingertips immediately. 

 “I’m investing my own money in each and every stock as my AI platform identifies.”

And remember we’re not talking about day-trading here.  I’m looking for 50-100% gains inside of the next 3 months, so my weekly updates are timely enough for you to act.

Click Here – To See Where I Put My RoboInvestor Money

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