The Shakedown 1/1/2019

Happy New Year!

2018 ended on quite the sour note with stocks taking a tumble but I am truly excited for the massive opportunity it will yield in the future. I am not sure if a bottom is in and I am still being quite selective and waiting for charts to set up for the most part. I'll use this newsletter to highlight some of my favorite names going into 2019.

I believe we'll see the cyber security stocks back in play early this year. My favorites in that space 

I wouldn't be surprised to see the weed stocks continue to dominate the news cycle this year as more and more states legalize. My favorites in that space are all based on big money investments like Tobacco behemoth Altria (MO) investing $1.8 Billion in Cronos Group (CRON) or Corona bottler Constellation Brands (STZ) investing a whopping $5 Billion into Canopy Growth (CGC). I focus on these types of names because they have two things all the other weed companies don't have: big money backing and distribution potential with the complex networks MO and STZ already have respectively. 

Got to give ya a bear flag so here's my favorite

TNDM Long

This TNDM has been basing out for the past 12 weeks or so and I will be ready to buy when it looks to finally break through $40 resistance. After 4 out of 5 days up, I would prefer an inside day or some sideways before the break, but we'll see how it develops.

Trigger: $40

Stop: $37.89

Target: $48-50+