'This is the time to go shopping,' trader says—here are the tech and energy stocks he recommends

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

'This is the time to go shopping,' trader says—here are the stocks he recommends $MSFT $AAPL $CVX (via TradingNation)

"Let's start with Microsoft. It's still out above the 200-day moving average. It's coming in there pretty [well]. I want to be buying Microsoft into that," he said.

Apple shares ended trading practically flat on Friday at $273.36. The stock's 200-day moving average comes into play just above the $240 level., a notable shift for the trader after a long period of staying away from oil and gas stocks. "The market was overvalued going into this panic," she said. "I do think that this is a catalyst to rethink valuations."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation They will tumble come monday

TradingNation

TradingNation Excellent tip ! On my 4th portfolio account after blowing up the other 3🙄

TradingNation Not sure of long term health of an economy that needs massive amounts of unsustainable debt and a nanny federal reserve always ready to apply a salve at the slightest bump.

TradingNation NOOOOOOOOOOOOOOOOOOOOO!

TradingNation Of course. A salesman's gonna sell.

TradingNation Wasting your money 101

TradingNation Catching falling knives looks easy until you get stabbed in the face

TradingNation Naz internals lead this rally reversal upwards. no advice. 3070 ES target S&P

TradingNation The only thing I'll be shopping for is a safe in which to put my cash in. recession coronavirus depression StockMarketCrash2020 StockMarket

TradingNation BTFD

TradingNation Yes, we should brand this the coronastocksale

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse says sell-off presents buying opportunity in these Asian tech stocksApple suppliers, live-streaming apps and online education companies are among the stocks that Credit Suisse picked.
Source: CNBC - 🏆 12. / 72 Read more »

Here's the pitch deck that convinced Oliver Wyman's founder to back Trad3r - Business InsiderGaming app Trad3r lets users play a simulated stock market in real-time. We got a look at the pitch deck that convinced the founder of $2 billion consultancy Oliver Wyman to invest.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market spirals as coronavirus fears persist— Here's what to watchStock market faces its worst week since the financial crisis. Here's what three experts have to say. TradingNation
Source: CNBC - 🏆 12. / 72 Read more »