On Wednesday’s PreMarket Prep, co-hosts Joel Elconin and Dennis Dick discussed the bullish chart setups in several tech stocks.
On Thursday’s show, Dick revealed he had purchased four such stocks for a swing trade. Those stocks are Alibaba Holding Corp (NYSE: BABA), Teladoc Health Inc (NYSE: TDOC), Rocket Companies Inc (NYSE: RKT) and UWM Holdings Corp (NYSE: UWMC)
For the full discussion on why Dennis bought those stocks, click here or watch it at 5:00 in the clip below.
Other Stocks Discussed On The Show
The US Dollar 24:40
Marc Chaikin, Founder of Chaikin Analytics
After 40 years on Wall Street as a trader, stock broker analyst and options trader, Marc founded Chaikin Analytics LLC to deliver proven stochristk analytics to investors and etraders, based on the Chaikin Power Gauge, a 20-factor alpha model proven effective at identifying a stock’s potential. Chaikin pioneered the 1st real-time analytics workstation for portfolio managers and stock traders, now part of Thomson Reuters’ institutional workstation, and developed computerized stock selection models and technical indicators, including Chaikin Money Flow, which are industry standards.
Topics discussed with Marc:
Why he’s watching the US Dollar
His opinion on bank stocks
Watch the full interview with Marc here or at 24:30 in the clip below.
PreMarket Prep is a daily trading show hosted by prop trader Dennis Dick and former floor trader Joel Elconin. You can watch PreMarket Prep live every day from 8-9 a.m. ET here. The replay can be found on Benzinga's YouTube channel, and the podcast is on iTunes, SpotifyGoogle Play, Soundcloud, Stitcher and Tunein.
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