INFRASTRUCTURE BILL STOCKS TO BUY + WHICH CRYPTO TO BUY NOW – Top Stock Picks for Wednesday, August 11, 2021
Hi guys it’s stock curry and the infrastructure bill is passed we’re going to talk about how to play it i’m also going to talk about the next 3.5 trillion dollar bill that’s coming up after that one and cryptocurrencies have been running up massively we’re going to talk about which ones to buy so let’s get into it okay the first thing that we need to talk about
Is that the infrastructure bill passed the senate on tuesday that sent a lot of stocks that could benefit from the infrastructure bill skyrocketing higher now the bill still needs to pass the house and there are some hurdles there which i’ll talk about in a minute now the stocks that could benefit from the infrastructure bill pretty much all ran up already so
There aren’t a lot of short-term plays you can make here but we’re going to talk about some other plays that you could make now that this bill is passed so what i would do is i would try to focus on any stocks that might have a pullback later this week or next week in these three areas that i’m going to show you and the industries that you want to focus on are
Broadband that’s companies like 5g and wireless internet electric vehicles and this includes both electric vehicles like the cars you drive it also includes charging stations and this also includes ev buses and other ev commercial vehicles and the third category is cyber security this is any company that might help increase cyber security for governments and large
Corporations now the one downside of this bill is that the updated crypto broker definition failed to make it into the bill now that could really hurt crypto if the new language fails to get added by the house and now that the infrastructure bill is passed the senate will be working on another 3.5 trillion dollar bill to tackle poverty climate change and health
Care so start looking for companies that have solutions in those areas for possible future trades one problem with this bill though is that there are some people in the house who have said that they will not vote on the infrastructure bill until the senate passes the 3.5 trillion dollar bill now that could delay final passage of the infrastructure bill by a few
More months okay that’s the big market news i wanted to update you guys on now we’re gonna get into our stock picks in just a minute i just wanted to remind you guys that i have a lot of tools and features to help you guys out if you want to improve your trading one of those if you’re a brand new trader you’re trying to figure out how to trade in the stock market
You can take a trading course i recommend zip trader you i have a discount for 15 off zip trader you down in the description of this video i also have a free facebook group that you guys can join which will answer questions for you guys and you get a lot of help and support from your peers and then i also have a discord that you guys can uh join i partnered up
With lucrum investing and we’ve got over 6 000 people over there and there’s over 20 analysts just like myself who are available 24 hours a day to answer your questions and help you out with your traits all right let’s get into our stock picks now for those of you guys who are new to this channel my name is stock curry i used to work as an analyst for some large
Investment banks and now i analyze stock picks on youtube every day i watch hours and hours of youtube videos and then i consolidate all of the stock picks from the top youtubers into a single video i give you both the cliff notes on their stock picks as well as my analysis on their stock picks now if anything i talk about today piques your interest make sure you
Listen to who i say talked about that stock and then go watch their video to get the full details and what they said now all i ask for putting all of this together for you guys is that you hit that like button subscribe and follow the page so that you can get notified when i release my next video in fact i’ll give you five seconds to do that right now all right
Before we get into today’s stock and crypto picks i just want to remind everyone that i am not a financial advisor nothing i talk about today is a recommendation to buy sell or hold these are just my opinions which may or may not be accurate please do your own research before investing in any assets if you’re wondering what you’re looking at right now this is
The weeble desktop app weeble is the app that i use for my trading and it is also the app that i use in all of my videos if you’d like to get two free stocks worth up to two thousand three hundred dollars you can sign up for weeble using my link in the description below when you sign up using my link in the description below and deposit just one hundred dollars
Weeble’s going to send you two free stocks worth up to two thousand three hundred dollars all right let’s get into today’s stock and crypto bix and first up is ada this is cardano and you can already see right off the bat that ada was up massively yesterday pretty much all cryptocurrencies have been rising over the past few weeks stockmo listed ada as the third
Best crypto to buy right now i personally feel like ada is the best crypto to buy stock mode thinks ada will increase in value by two or three times in the next five to ten years i personally think it will happen much faster than that i think we could see ada double in value in the next 12 months next up is btc this is bitcoin stockholm said he likes bitcoin as
The lowest risk cryptocurrency he owns btc as a foundation of his portfolio i also own btc and i agree that btc is probably one of the safest crypto investments given how countries around the world are adopting bitcoin and how bitcoin is usually the first cryptocurrency to be accepted by different companies for purchases we are seeing ethereum used by foreign
Governments as well so i think eth would be the other fairly safe cryptocurrency investment and by safe i just mean that i think it would drop less than other cryptocurrencies in the event of a crypto winter and next up is eth this is ethereum stock most said ethereum is higher risk than bitcoin but he also feels like eth has a much higher profit potential than btc
Stock mode did warn that eth and all cryptocurrencies really can drop 50 or more in just a few short weeks crypto remains much riskier than stocks but it also has a higher chance of greater returns stock mo continues to buy eth for its crypto portfolio next up is link this is chain link link is a decentralized oracle network that provides reliable tamper-proof
Inputs and outputs for complex smart contracts on any blockchain this allows variable real-world data such as the changing price of cryptocurrencies or the current weather to be used in smart contracts stock mode listed link is the fourth best cryptocurrency to buy right now i agree with that link is unique and serves a very important role in the crypto space
And the last cryptocurrency we’re going to talk about is uni this is uni swap uni is a liquidity poll for exchanging erc 20 tokens stackmo listed uni is the fifth best crypto to buy right now as ethereum increases in usage you and i should continue to rise in price and now onto our stock picks and first up is chpt this is chargepoint they are the largest charging
Station company in north america with 73 percent of the total market share they are also starting to expand globally chris sane recommended buying chpt after pulse back to around 24 now that the infrastructure bill passed the senate and is one step closer to becoming law chris saint thinks chpt will continue to go up i agree with that the chart is quite bullish
Right now and the infrastructure bill is a big upward catalyst i would not wait for a pullback though chpt already pulled back a lot i would just buy here at the current prices and next up is clf this is cleveland cliffs they’re an iron mining and still manufacturing company this is another company that chris sane thinks will do well once the infrastructure bill is
Fully passed clf remains on a great long-term upward trend line but it is approaching over bot on the daily chart i would wait for a pullback on clf before buying in it fairly consistently pulls back to the 50-day ema so you should be able to buy clf for around 22. if you’re a patient i will give you a 23 by ender price a 21 ideal buying price and a 19.50 stop-loss
Price and next up is coin this is coinbase this is a platform that is used to trade cryptocurrencies you guys know that i said i was waiting for coin to bottom out before buying in it’s pretty clear now that the 216 dollars was the bottom for coin cyn has been rising over the past week and i like how the candles are now back above the 100 day ema cyn reported
Earnings on tuesday after the close and clin reported a huge earnings beat the net profit was up 4 900 percent year over year monthly transacting users grew 44 over the previous quarter and trading volume also rose 38 percent over the previous quarter that is massive growth earnings was an incredible 3.45 dollars per share for the quarter the stock barely rose
After hours though because coin said trading volume would be lower in the third quarter however i’ve noticed that as cryptocurrency prices rise more and more people tend to buy them i’ve never understood the concept of buying high and selling low when it comes to cryptocurrencies but that’s what retail traders do and now the cryptocurrencies are running higher
Again i expect more and more retail traders to start trading again so i think coin is going to beat earnings expectations again in q3 so i am now comfortable buying cyn for a long term hold right now the average analyst price target is 375 dollars but i do expect that to increase on wednesday as analysts upgrade their price targets we can already see two analysts
Yesterday who came in at four hundred and twenty dollars and five hundred dollars i will give you a three hundred and year in price target on coin i will also give you a 280 buy under price and a 260 dollar ideal buy-in price i will also give you a 205 stop-loss price next up is ddd this is 3d systems they’re a 3d printer manufacturer and healthcare company ddd
Did exactly what ziptrader said it would do they beat earnings and then the price ran up to forty dollars if you bought ddd after they beat earnings then you should have taken profits on tuesday when it hit the forty dollar price targets ddd should perform well long term but i’ll need to see ddd close the gap and get back down to under thirty dollars before buying
In next up is jmia this is jumia and they’re an african e-commerce company similar to amazon sip trader said earnings were underwhelming he did say that this is a very early stage company though so it’ll take time for jmia to grow their user base and turn their revenues around ziptrader is still long-term bullish in jmia but did say that you’ll have to be patient
With this one next up is lac this is lithium america’s corporation and they’re lithium minor christine recommended buying an august 20th 17.50 call option on lac lac has been running up ever since they reported earnings last week lac missed on earnings but the next day president biden issued an executive order to have 50 percent of all u.s car sales be electric
Vehicles by 2030. lithium is used in evs and that’s why lac has been running up lac ran up further on tuesday after the infrastructure bill was passed lac is now overbought on the hourly chart and is due for a short-term pullback on the daily chart the rsi is very close to where it was at the beginning of june right before lac topped out and fell 18 in less than
Two weeks my problem with the current run-up is that biden’s executive order is a nine-year order and it’s only a goal not a requirement also the infrastructure bill will take years to actually play out so i think the short-term run-up is too much for a company that is losing more and more money every quarter now the problem with run-ups like these is that you
Just can’t tell when they will top out and start going back down you cannot time the market lac might continue running higher this week or it could top out and start falling again so i think chris saint’s call option has about a 50 percent chance of making money i will not be participating in this play however if lac does continue to run higher over the next day
Or two and the daily chart also becomes overbought then i might consider a put option next up is ptra this is proterra the traveling trader let us know about a hidden section in the infrastructure bill that will require governments in the united states to purchase electric buses made by american companies the traveling trader did some searching and found that there
Is really only one company in the united states who is making electric buses and that company is proterra ptra was beat down pretty far and was oversold last week it rebounded as the electric bus requirement in the infrastructure bill was made known the traveling trader thinks ptra has a lot of upside potential since they have a monopoly in the american-made ev
Bus segment right now there are no guarantees that the federal government will work with proterra this is just speculation the federal government has been known to assign contracts to companies who have never built those types of vehicles before as they did when they awarded the u.s postal ev contract to oshkosh instead of workhorse regardless ptra has a good
Chance of rising back up to around 14 in the short term the traveling trader is considering selling a cash secured put on ptra a cash secured put is a bullish play another option would be to sell a bullish put spread that is similar to a cash secured put but with a much smaller cash requirement next up is sdc this is smile direct club they’re a manufacturer of
Teeth straightening aligners and they’re a direct competitor to invisalign germy with financial education likes sdc now that the stock has dropped 24 percent and is down 68 percent from its 52-week high of 16.08 cents that means sdc would have to go up 216 percent just to get back to the 52-week high now stc is a high growth stock that has been doing the opposite
Of growing the short interest is at 27 so there is a short squeeze potential if the stock can ever turn around sdc has been struggling with decreasing revenues but their earnings per share have been increasing at least up until today stc reported earnings on monday and the numbers were really bad stc lost 14 cents per share this quarter that is double the amount
Of their loss from last quarter revenues were also down again this quarter fundamentally i do not see anything good about this stock analysts were quick to downgrade sdc yesterday of the five analysts who took action all five rated sdc either a hold or a cell and i will tell you that in the analyst world a hold is really a sell analysts avoid giving cell ratings
Because when they do they lose favor with the company that they’re covering and it makes it harder to gain access to executives in order to do your analysis so analysts will often give stocks hold ratings instead of sell ratings so that they can keep their favor up with the company regardless even with the hold and sell ratings the price targets are all above where
The stock closed at on tuesday now germany with financial education let us know that the cfo of smile direct club blamed the slowdown in growth in earnings on the pandemic since the pandemic is a short-term event germany thinks sdc will perform well in the long term now there were a lot of dentists shut down during the pandemic but for the most part they were all
Open during the last quarter so i’m not sure how much i believe the cfo’s excuse jeremy with financial education hasn’t purchased sdc yet but he’s seriously thinking about it i personally see continued issues for this company so i am personally staying away from sdc next up is sq this is square keenan grace is looking at sq for a day trade sq has been bouncing
Off of the 100 hour ema sq is now back at the 100 hour ema and keaney grace is thinking about completing a bullish day trade on sq with the rsi nearly oversold and the macd rising i think that’s a good play now the reason i have this blue box on here is because sq has been trading within this rectangular range for the most part the stock did break out of the
Trading range after sq beat earnings but it has since fallen back down into this trading range sq is not overbought but it does appear that it might be near a top the average analyst 1-year price target is 305.65 which only represents an 11 upside from the current trading price combine that with the chart and you can see why i think sq might be about to have a
Pullback i think sq will perform very well in the long term but i do see some short-term issues with the stock if there is a market correction i think sq has the potential of possibly falling a lot further than a lot of other stocks so i’m long-term bullish but i’m short-term cautious all right i hope you enjoyed this video got a lot out of it comment down below
What your favorite stock pick is and if you’re looking for a broker to trade with you can sign up for weeble using my link in the description below when you sign up using my link in the description below and deposit just one hundred dollars weeble’s gonna send you two free stocks worth up to two thousand three hundred dollars now if you’re not a us resident or if
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Full pre-market and after hours trading from 4am until 8pm eastern time now i do have material connections with both weibull and interactive brokers so when you sign up for either one of those not only are you getting a great broker to trade with you’re also helping me to continue to produce these great videos for you now finally i just want to remind you to hit
That like button subscribe and follow the page if you haven’t already i hope you have a lot of success trading and i will see you tomorrow do you
Transcribed from video
INFRASTRUCTURE BILL STOCKS TO BUY + WHICH CRYPTO TO BUY NOW – Top Stock Picks for Wed, August 11 By Stock Curry – We Profit Day and Night
