In Thursday’s Blitz Daily with Lance Ippolito, we take a look at EV infrastructure company ChargePoint after a post-earnings spike in trading volume.
The electric vehicle-correlated stocks continued their hot streak Thursday...
Shares of ChargePoint came to life, jumping as much as 12.5% on a delayed reaction to its better-than-expected first-quarter revenue at Tuesday’s earnings event.
Thursday saw traders pile into options and shares, moving more than 16 million — around a 68% increase from its 30-day average!
And that’s just one of the EV names hitting the tape… I have three more of Thursday’s top trades waiting inside…
And be sure to join WealthPress Senior Strategist Roger Scott, Joy of the Trade’s Jeff Zananiri and me, New Money Crew’s Lance Ippolito, each Wednesday at 11:30 a.m. EDT for the WealthPress LIVE Roundtable, where they’ll tackle the biggest topics on Wall Street.
In this week’s roundtable, we covered:
Jeff, Roger and I are all bullish on semiconductors again, but each has their own method for trading the sector — Roger gave my favorite chip stock late in the episode!
What the bond market and latest sector rotation are telling us about the stock market.
How to spot an intermediate reversal.
The latest comments about the market from Treasury Secretary Janet Yellen.
What’s affecting inflation the most — oil.
I also broke down a trade I has in Wendy’s and some other names I like. Roger also gave some stocks he’s watching closely...
And more!
Be sure and tune in every Wednesday at 11:30 a.m. EDT for the WealthPress LIVE Roundtable!
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