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Chris Lau

Midweek Moves for Wednesday, November 20, 2019

$AMD did it. It hit $40. Congratulations for long time value stock members who bought it when it was recommended.

Some nobody analyst downgraded AT&T $T and issued a sell call PT $30. Whatever. Ignore. Continue holding $T stock.

$HD Home Depot and $KSS Kohl’s both reported weak results. Avoid retail. Avoid $M and $JCP especially.

Qualcomm $QCOM sell on the news. The company shared its 3-year plan.

$CHK Chesapeake Energy. Another day, another drop. Natural Gas markets are weak.

Weed stocks bounced a 2%-10% gain. Sell into ANY rally. Expect the market cap shrinking from the $10-15 billion range to just $1-2 billion. Watch $ACB, $CGC, $CRON, $TLRY.

 

$ACB, Aurora Cannabis Inc. / H1

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