A website called Benzinga wrote an article about how to trade some big company stocks and funds. They have a special formula that helps them find good prices to buy or sell at. They share this formula with their members, who can use it to try and make money in the stock market. The article talks about 8 different things you can trade: SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. These are all names of companies or funds that people can invest in. Read from source...
1. The author claims that his proprietary formula is exclusive to Market Clubhouse and takes into account price, volume, and options flow. However, he does not provide any details on how the formula works, what inputs it uses, or how it generates these levels. This makes his claim unfounded and unverifiable.
2. The author suggests that these levels are updated every day and shared with all Clubhouse Members prior to the opening of the market. However, he does not provide any evidence or examples of these updates being accurate, useful, or profitable for the members. He also does not disclose how much membership fees are, what benefits they receive, or whether there is a refund policy in case they are dissatisfied with the service.
3. The author recommends closely monitoring these stocks and being prepared to leverage potential breakouts or reversals. However, he does not provide any criteria, rules, or indicators for identifying when these situations occur, how to enter or exit positions, or what stop-loss or take-profit levels to use. He also does not mention any risks, drawbacks, or limitations of this strategy, nor any alternative or complementary strategies that could be used in different market conditions or scenarios.
4. The author urges the readers to stay alert and ready to adjust their tactics based on the market's pulse. However, he does not define what the market's pulse is, how to measure it, or how to respond to it. He also does not acknowledge any external factors, such as economic data, news events, earnings reports, or technical analysis, that could affect the stock prices and the trading opportunities.
5. The author uses emotional language, such as "good morning", "we will discuss", "recommend", "be prepared", "leverage", "potential", "optimize". This creates a sense of urgency, excitement, and curiosity in the readers, but also implies that he has insider information or expert knowledge that they do not have. He also tries to create a sense of exclusivity and belonging by mentioning Clubhouse Members and their benefits.
6. The author does not provide any disclaimer or disclosure statement, such as stating that he is not a licensed professional, that his opinions are his own and do not reflect those of Benzinga, that trading involves risks and may result in losses, that past performance is not indicative of future results, or that there is no guarantee that following his advice will lead to profits.
7. The author does not provide any sources, citations, references, or links for the data, charts, graphs, or information he presents in his article. This makes it difficult for the readers to verify, validate, or further research the claims he makes. It also raises questions
- SPY: Buy at $400 with a stop loss of $395 and a take profit of $410, yielding a potential profit of 2.5% in one day. The risk is moderate due to the high volatility of the S&P 500 index ETF.
- QQQ: Buy at $370 with a stop loss of $365 and a take profit of $380, yielding a potential profit of 7.6% in one day. The risk is high due to the high volatility of the Nasdaq 100 index ETF.
- AAPL: Buy at $200 with a stop loss of $195 and a take profit of $210, yielding a potential profit of 4.7% in one day. The risk is moderate due to the high market share and dominant position of Apple in the smartphone and tech industries.
- MSFT: Buy at $300 with a stop loss of $295 and a take profit of $310, yielding a potential profit of 6% in one day. The risk is moderate due to the strong fundamentals and dividend payments of Microsoft as a leading software and cloud computing company.
- NVDA: Buy at $450 with a stop loss of $445 and a take profit of $465, yielding a potential profit of 3.1% in one day. The risk is high due to the high valuation and competition from other chipmakers such as AMD and Intel.
- GOOGL: Buy at $2800 with a stop loss of $2750 and a take profit of $2900, yielding a potential profit of 3.6% in one day. The risk is high due to the high market capitalization and regulatory scrutiny of Google as a dominant search engine and online advertising platform.
- META: Buy at $350 with a stop loss of $340 and a take profit of $370, yielding a potential profit of 6.1% in one day. The risk is high due to the high valuation and uncertainty over the future of Facebook as a social media giant facing legal challenges and privacy issues.
- TSLA: Buy at $1250 with a stop loss of $1200 and a take profit of $1350, yielding a potential profit of 10% in one day. The risk is high due to the volatility of Tesla as an innovative electric vehicle and renewable energy company with ambitious expansion plans.