• Elite Gentleman

A couple Corona Virus market plays

In the recent days of insane volatility was have identified 2 places in the market that we think stand a chance a bouncing back quickly and have been unfairly beaten down. We noticed that these 2 areas have seen the greatest upswings on positive market days which we believe means they will be the first plays to return to greatness.


see details on holdings and risk here

(this is a 3x leveraged ETF and comes with a large amount of risk)

We believe SOXL is a solid play here for a few reasons. First with everyone working from home, they are inevitably buying laptops, computers, and let's be honest gaming systems. All of these devices require semiconductors. The ETF has also bounced nicely off the most recent bottom and we believe will hit that recent bottom again (around $65 a share) in the near future. God willing when this thing gets to $65 a share, we will be buying more. Also as a longer term play, 5g is still on the horizon for 2020 and semiconductors will benefit greatly from the population adopting the new generation of wireless.


see details on holdings and risk here

(this is a 3x leveraged ETF and comes with a large amount of risk)

Our second play is also in technology. TQQQ represents mostly the giant FAANG stocks and we believe these stocks have resisted the downturn well and will also be among the first to bounce back as technology is being used now more than ever with the work from home economy.

God bless and as always, may the odds be ever in your favor...

Also here's a disclaimer that you need to read:

This stock advice is just my personal opinion. I am not a professional stock picker or analyst. I may make trades on the information provided here and as a result it is possible for me to hold a position in the mentioned stocks.

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