Shares of Luminar Soar After Inking Deal with Mercedes-Benz

 
January 22, 2021
 
I Dare Anyone To Find A
Better Strategy…
We've all been there before… You buy the dip in your favorite stock…

But then that dip turns into a correction, and then that correction turns into a crash.

Before you know it, two to three months of gains are wiped out in two or three days.

This is what we call blowing up an account… And we see new traders make this mistake all the time.

The key here is to protect yourself by using a built-in hedge…

The hedge allows you to take full advantage of all the gains, but when the market crash finally does come — you're more protected.
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Luminar's Latest Luxury Car Deal Is Driving Bullish Traders Wild
We're taking a look at automotive technology firm Luminar as the company announced a new partnership with Mercedes-Benz.

The future of Luminar Technologies is looking a little brighter after announcing a deal to provide the luxury carmaker with its cutting-edge lidar sensors and software.

Lidar is one of the cornerstone technologies needed for self-driving cars, letting the computer "see" where a vehicle is going. And Wall Street likes what it sees — the news helped catapult Luminar shares as much as 24.5% from Wednesday's closing price!

Of course, that's not the only paper flowing! I have three more top trades on my radar…
Get the Top Trades Here!
 
Bloodbath: What to Expect as the Nasdaq Plummets Into a Correction
We're seeing another bloodbath in the Nasdaq as Netflix shares plummeted following news of slowing subscriber growth.

The Nasdaq has now fallen three straight sessions in a row, as has the S&P 500, while the Dow has dropped five straight sessions.

At least part of the reason for the Nasdaq's slide is streaming giant Netflix, which reported earnings after the bell Thursday.

It was the first major tech stock to report earnings this week, and it wasn't great…

Netflix's fourth-quarter report revealed a slowdown in the company's subscriber growth and even worse projections for the first quarter of 2022, which sent shares down 20% in premarket trading.

Elsewhere, Intel announced plans to invest $20 billion in two new chip manufacturing plants in Ohio as it aims to stay competitive with rivals as well as address the global chip shortage.  

In this stock market recap video, you'll learn why I believe markets are close to bottoming out… whether energy markets are responding to Ukraine and Russia… the best way to trade with the current volatility… and an update for the week ahead.
Prepare for Next Week Here
 
How Traders Can Get 7:1 Returns on Their Money
How does risking just $1 dollar for the opportunity to make $7 sound?


This is what we call the "profit factor" — the risk-to-reward ratio for an investment.

A profit factor over 2.0 is good, while anything above 3.0 is considered outstanding.

For every $1 risked, one strategy has seen $7 in return….

And WealthPress Senior Strategist Roger Scott has perfected the strategy that's scored a profit factor of 7.05 over the past 12 years of trading!
See How He Does It
 
"It was great listening to your teachings. As an aspiring online business trader, there is much that I would love to learn from experts like you. Thanks."

Kokas


Technical Indicators are mathematical calculations based on the price, volume or open interest of a security or contract. By analyzing historical data, technical analysts use indicators to predict future price movements. Examples of common technical indicators include Relative Strength Index, Money Flow Index, Stochastics, MACD and Bollinger Bands.
 
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
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