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Chris Lau

Thursday Morning Trades for Feb. 27 2020 as Market Attemps Rebound

Every pre-market rally ended with tears. The market ended the day in the red yesterday. Will today be any different?

covid-19 imposes isolation to countries. This is necessary, to prevent its spread.

$MSFT Microsoft warned software sales will fall on covid-19.

$NTNX Nutanix is a dog today after a weak outlook.

Chesapeake $CHK was worth the gamble. Lessons learnt. This stock is reverse splitting.

Oil and gas stocks are in bear phase, too. hold $XOM, $CVX, $COP.

Start stock? $MRNA Moderna is a value stock pick and is the best hedge against covid-19. Treatment is months away.

Now think: what shuts down when countries go into lockdown? Cruise ships, airplane, train, transport, credit cards... $PYPL $SQ, $RCL $CCL.

In the chip stock space, $AMD is volatile. $NVDA, $INTC, $MU follow.

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