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Pre-Weekend Trades for Friday, April 3, 2020

Markets bounced back slightly. Feels and looks like a bear trap, so beware. The energy rally led the markets higher. Anyone who missed the $BP, $XOM, rally won't get another chance.

$OXY rallied but the Anadarko buyout at billions was poorly timed. OXY is running out of money. $CHK Chesapeake Energy is equally in trouble.

Luckin Coffee $LK is a sham. That is tThe big story today. This has implications for the entire China stock market. While $BIDU, $BABA, $IQ, $JD, may hold, weak plays like $NIO may fall hard.


$LK, Luckin Coffee Inc. / H1

$ZM Zoom looks like a great short. IT is hot and popular. BUT it has many security holes.

Beware of $NIO. It has a weak business model. EV is too much luxury when NO ONE in the WORLD is working.
Have you ever held a stock listed in China? Share your ideas below.

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