Top Trade Update - Mid June 2021

Here are six of many Top Trades delivered by experts on the Trade Exchange already in June. Follow these experts and receive their ideas in real time on the Trade Exchange app.

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You can check out our experts’ Top Trades since November on the Trade Exchange blog.

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PLTR: +37% in 4 weeks – Bull & Bear Trading

Terry Donahue of Bull & Bear Trading is our top-performing expert. This is his most recent Top Trade. On May 13 he wrote: “Palantir Technologies just delivered an outstanding quarter with 83% YOY growth in its government business and 72% growth in its expanding commercial business. The company’s CFO forecast 30% growth per annum for the next five years. This is Cathie Wood’s favorite idea; she is one of a number of institutional investors likely to continue buying this stock. Market correction has Palantir on sale right now.”

NLOK: +34% in 5 months – Seasonal Trader Pro Picks

One of Dr. Keith Wade of Seasonal Trader Pro’s investment theses focuses on investment opportunities driven by predictable seasonal trading patterns. NortonLifeLock was one of the opportunities he uncovered in early January.

AVXL: +22% in 1 day – Turbo Trading Swing Trade Membership

Bob Knight of Turbo Trading finds a big intra-day winner in Anavex Life Sciences:“Stock is breaking out through key resistance after forming a reverse head and shoulders pattern,” he wrote on June 14. This trade is a prime example of how Trade Exchange enables experts to help you move nimbly in the market. AVXL traded up 31% intra-day. Bob moved the stop-loss up to $20.65, allowing his followers to capture a 22% gain in single trading day.

TLRY: +29% in 7 weeks – Ax the Behavioural Analysis

Steven Clements identified an opportunity with consolidation in the cannabis sector. “Tilray announced an agreement to merge with Aphira Inc. in a deal that is expected to create the world’s largest cannabis company by revenue, and a combined equity value of $3.9 billion.” He exited the trade with a tidy 29% profit.

MS: +19% in 8 weeks – The Weather Growth and Income Fund

Tom Chisholm applies his background as a meteorologist to uncover unique trading ideas in his Weather Growth and Income Fund: “We rate Morgan Stanley a buy with its 12 PE ratio and 1.79% yield. With a gradual uptick in core inflation as the sun’s output increases over the summer, the stock is well-positioned in the commodity space and the carry trade opportunities of a steeper yield curve. Its free cash flow is best against its peers, which we find most important in this environment.”

TGT: +16% in 2.5 months – Alpha Insights

Jeffrey Huge identified a great entry opportunity for one of the nation’s top retailers, highlighting his talent for delivering ideas with strong risk/reward tradeoffs. Many of his ideas come from shares in well-known companies offering a temporary window for short-term profits. “The shares of Target (TGT) appear poised to resolve a classic base formation. A sustained bullish inflection above $200 would project a measured move to approximately $233 for a potential 16% gain.”

DISCLAIMER: While these ideas (dates, times and purchase/sale prices for entry and exits) have been documented within Trade Exchange’s system, these are examples of past performance and not an indicator or promise of future performance. Individuals who follow experts featured on the Trade Exchange assume all risks and take full responsibility for unveiling and following ideas, whether they execute trades in their linked brokerage account through the Trade Exchange app or in their brokerage accounts that are not linked via the Trade Exchange app. Trade Exchange strongly encourages everyone to review all the trades posted by a partner, as many lose money. All results – including entry and exit prices – are available for review.