Metro.
That's the latest department store to close in Singapore in recent years.
Other department stores include Robinsons and John Little. Other stores such as Isetan and BHG have downsized.
Have department stores lost their relevance in today's consumer market?
1 big beverage brand has stood the test of time - for over 140 years.
More than being present, it has captured the mindspace of almost every person in the world. It's almost offered as the default beverage across the world.
Before I reveal this brand and its stock, are you curious to find out how the stocks shared in July performed?
- Vaxcyte: 1.2% loss
- Arcus Biosciences: No entry
- Axon: No entry
- Rush Street Interactive: 3.8% loss
- Packaging Corp: No entry yet
July turned out to be volatile, no thanks to the resumption of the war in the Middle East.
The S&P 500 fluctuated greatly, eventually ending up flat in July.
This volatility was good for many stocks as it brought their prices back to a more reasonable price level. 1 such beneficiary was Vaxcyte.
The share price of Vaxcyte rose after it was shared, and took a further 3 weeks before it pulled back to the support area I've been waiting for.
It has since gone up a little and back to its support area. I'm looking to close it by the end of this week, knowing that Vaxcyte will be announcing its earnings next week.
The share prices of Arcus Biosciences and Axon crashed through their support zones. Thanks to the trade plan I had in place, there was no entry; therefore, no losses.
Rush Street Interactive's shares fooled me. It burst upwards for a day before crashing. I had exited earlier than planned given the market conditions, leaving with a small and acceptable loss.
Packaging Corp's shares are playing out as planned, so there's no entry yet. Will I be buying its shares real soon?
Let's find out in the next section.
Review Of Last Week's Pick Of The Week
Packaging Corp (PKG) was last week's #PowerStocks pick.
It's a huge producer of paper and paper products.
Although it has a large market capitalization of over $22b, its shares are nimble and constantly exploding higher.
While its shares were soaring last week, I anticipated a pullback and identified a support zone to buy its shares after a bounce.
The pullback is finally here, and I'd like to see a bounce.
And if the bounce happens, where would I take profit?
I've shared it in my
Telegram Channel.
Speaking of Telegram, my team and I will never ask you for your hard-earned money for "investments".
I know and understand that the allure of high returns without effort is highly attractive. It breaks my heart when I hear of people falling for impersonation scams.
To protect you from scams, please note that my team and I WILL NEVER solicit for any investment.
A list of our official communication channels can be found here.
Why Is Swing Trading Coca-Cola (KO) Worth It?
Source: coca-colacompany.com
Coca-Cola is the choice of drink among many worldwide. This comes as no surprise because the company has toiled hard to build its brand and presence globally.
With a market capitalization of over $376b, Coca-Cola is the largest beverage maker in the world.
While the shares of many large-cap companies languish, the same cannot be said of Coca-Cola's. In the past 11 months, its shares have shot up 13 times, each time measuring between 4.8% and 13.2% in just days!
I'd love to buy its shares to catch its next explosive move.
What's the price area I'm waiting to buy its shares at?
Continue reading to get the details.
P.S. What if I told you that you could drastically gain control over your emotions of fear and greed, and master the stock market in a short amount of time?
My team and I have worked tirelessly to help you achieve results fast.
Click on the banner below to claim your stock course for free (limited time) now!
Performance Of US Stock Market vs Coca-Cola (KO)
What's the very 1st thing I would like to analyze from this chart above?
The
trend of Coca-Cola's shares (shown in blue).
This is because knowing the trend of its shares allows me to determine whether I'd look for a buying or shorting opportunity. By following its price trend, I'll greatly increase my chances of profitability.
Looking at the chart above again, I see that the share price of Coca-Cola is in a strong uptrend! Hence, I'd like to find an opportunity to buy its shares.
What's next?
I'll compare its share performance to that of the S&P 500 (shown in black).
Why?
I want my hard-earned money to work hard for me. A stronger-performing stock is likely to continue bringing a return that exceeds the market's. So, I'll refer to the comparison chart above again.
While the S&P 500 has risen by 3.9% in the past 3 months, the shares of Coca-Cola have risen by a dizzying 11.2%, or almost 3x more!
I love such an outperformance, and I'm ready to buy its shares for an explosive swing trade.
But are there more to analyze?
How Explosive Is Coca-Cola (KO)?
Yes, there are more pointers to analyze before pulling the trigger to buy its shares for a swing trade.
Because I aim only to ride its upmoves, which typically last for a couple of weeks, I want the shares of Coca-Cola to have the ability to explode upwards.
Have the shares of Coca-Cola proven to be explosive?
Marking out its explosive moves in the past 11 months left me astonished.
There are 13 explosive upmoves, and each of them measures between 4.8% and 13.2%!
Here's another fact that blew my mind: Coca-Cola enjoys a huge market capitalization of more than $376b.
For the shares of a company of this size to consistently explode upwards between 4.8% and 13.2% in just days is mind-blowing!
Additionally, I appreciate that Coca-Cola enjoys an enormous market capitalization, as this provides an extra layer of security against manipulation. I don't wish to lose my hard-earned money to manipulation that could be easily prevented!
Here comes the golden question: Is it time to buy the shares of Coca-Cola for an explosive swing trade?
Key Price Levels
Like many things in life, timing is crucial when it comes to stock trading.
Buying an explosive stock at the wrong time can result in significant losses and emotional distress. This will cause you to lose confidence, and you'll doubt yourself even when a fantastic trading opportunity arises straight from under your nose!
But, is there a way to tell whether the time to buy the shares of Coca-Cola is here?
You can do so by uncovering its key price levels (also known as
support and resistance zones). And that's what I've done in the chart above.
Given that there's a support zone around $86.30 and its shares are pulling back, I'm waiting in full anticipation for its shares to reach this price area before rising!
Yes, I'd like to see its share price reach around $86.30 and bounce before buying them to catch its next explosive upmove.
Here's a pro tip: Instead of staring at your screen, consider setting a price alert on your broker's platform to be notified so that you can spend precious time with your loved ones.
Which Instrument Should You Consider Using?
Do you ever wonder about the instrument used to trade explosive stocks?
With 3 main trading instruments available - stocks, contract-for-difference (CFD), and options, you wonder which suits you best.
Since stocks (as an instrument) is easy to understand, I shall focus on CFD and options.
Here are the main similarities and differences:
CFD works like a mirror to stocks. When a stock rises $1, its CFD rises $1.
However, due to its unique pricing mechanism, your options price doesn't rise by the same amount. In fact, depending on the market conditions, the price of your options contract may even drop!
Your CFD broker will charge you a finance fee for lending you money for your trade. However, no lending is required for options, so there is no finance charge.
Because there's a finance charge by your CFD broker, CFD is not the ideal instrument for mid to long-term trades. On the other hand, options allow you to implement different strategies across time horizons.
Both CFDs and options are leveraged instruments because they allow you to control a larger market position with a smaller amount of capital.
While CFDs do not have an expiration date, options traders must pay attention to the expiration date of their options contracts.
You must be thinking, "What's the beauty of trading options?"
Options are like smartphones. You can choose to use a smartphone for its basic or advanced functions.
And options don't have to be all about Math and dry!
It can be made easy to understand through real-life analogies.
In the same way, you can implement basic and/or highly advanced strategies depending on your level of comfort.
Options allow you to be versatile in adapting to the shifting market conditions and capturing opportunities in the process.
Are you a CFD or options trader?
I'm glad to be fluent in both.
Finally, this is for educational purposes. Please perform your due diligence.
All images are taken from pexels.com, pixabay.com, sectorspdrs.com, tradingview.com, and unsplash.com, unless otherwise mentioned.
Claim Your Free (Limited Time) Stock Course Right Now:
The stock market is full of traps laid out by professional traders.
Many new traders are often left confused by conflicting signs and signals.
Worse still, ~80% of traders lose money.
This is because trading isn't just about skill alone.
It includes the mastery of your emotions.
But what if I told you that you could quickly gain control over your emotions of fear and greed and master the stock market?
My team and I have worked tirelessly to help you achieve results fast.
Click on the banner below to claim your stock course for free (limited time) now!
Here Are The Articles That Might Interest You
“Oh gosh, I’ve sold all my stocks earlier. And they’re soaring after my sale!” That’s a conversation I overheard over dinner. That person was referring to the popular saying, “Sell in May and go away” and was disappointed by it. Wall Street has several cute sayings that you’ll want to dig deeper. Since 2010, the
Read More
Have you dropped something sharp? Did you try to catch it as it was falling? The stock market is brutal. Buying into the stock market while it is falling is akin to catching a knife with your bare hands while it is falling. Why not wait for the knife to land before picking it up?
Read More
This was the 1st visit by a Pope since 1986. Did you manage to catch a glimpse of the Pope in Singapore? From his visit, I learned the significance of yellow and white. And I’m happy that my Catholic friends enjoyed his visit. May we continue to build a harmonious society. Switching to the stock
Read More