Insider Financial looks at the key economic events this coming week and covers seven potential short squeeze stocks on our radar.This video covers SPY, QQQ, DIA, TLT, TSLA, DISH, FSR, RKLB, FTCH, LCID, NIO, BIG.
MARKET SUMMARY
As traders come back from the Thanksgiving holiday, here are the stocks we are watching this week.Tesla CEO Elon Musk will speak at the NY Times Dealbook Summit. Cybertruck will be unveiled at the Tesla Gigafactory in Austin.We will get delivery reports on Friday from NIO, Fisker, Lucid, LI Auto, and Xpeng. Fisker stock has high short interest and is oversold on RSI.Rocket Lab (RKLB) will be on watch as the company plans its first flight since a failure in September. A launch for a Japan-based Earth-imaging company would be the 42nd flight of the Electron rocket.The National Retail Federation will announce shopping results of the five-day Thanksgiving Day holiday period.The PCE Core Prices report will be released. Economists expect the Fed's favored inflation gauge to show a 0.2% month-over-month and 3.5% year-over-year increase for core prices.OPEC+ will hold its delayed meeting.
BOTTOM LINE
As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.Good luck to all (except the shorts and Cramer)!
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Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.
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