July 19 (Monday)

Stock Watchlist


How It Works

This StockWatch consists of a list of companies that I believe have the potential to do well this week.

It is essential I make this clear: Not all these companies are going to go up nor are they likely to.

Rather, I delineate that these companies have the potential to do well if and only if certain conditions occur.

StockTalk is not responsible for any loss or mistakes made by an investor. However StockTalk would love your feedback and help on how to better improve this.

This week’s watchlist is a little different than the usual. As earnings season starts, volatility generally increases greatly prior to earnings.

Researching every single stock and how earnings will impact them is extremely time consuming and inefficient. For this reason, ETFs pose a great alternative to trading shares independently. Relevant ETFs a take advantage of volatility spikes (making some great for day trading) and b. give traders the option for lower risk as multiple companies are considered within an ETF.

This watchlist is focused on 6 ETFs which will be increasingly active as earnings from different companies are reported. These rtfs eliminate the need for long and tiring research, while also maintaining a manageable level of volatility to day and swing trade.

VanEck Vectors Semiconductor ETF

SMH (160.27)

SMH is a very popular semiconductor ETF focused on large-cap semiconductor and tech stocks, with their top holdings including Intel, Taiwan Semiconductors, Texas Instruments, AMD, and many more.

A good proportion of holdings in SMH report their earnings in the coming weeks. This will be a great ETF to take advantage of.

ProShares UltraPro QQQ

TQQQ (111.87)

TQQQ provides a 3X leveraged exposure to QQQ, one of the most actively traded ETFs in the world. TQQQ and QQQ represent the Nasdaq 100, a group of predominantly tech growth stocks. Top holdings include Apple, Microsoft, Tesla, Intel, Netflix, and many more.

The overwhelming majority of holdings in this etf report their earnings in the coming days. With 3X exposure, a 5%+ day is a very bright possibility.

Direxion Daily Small Cap Bull 3x Shares

TNA (29.15)

TNA provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies, in correlation with IWM. An ETF for small-cap companies, TNA already has a higher level of volatility. However, this in combination with earnings season makes IWM a great ETF for day trading.

US Global Jets ETF

JETS (16.49)

JETS is an ETF representing all the major Airlines and Air services. Due to COVID, JETS has taken a massive toll as the airline industry has suffered. With coming earnings for companies such as Delta and American, chances are JETS will experience a lot of red days. However, these may be great opportunities for shorting or trading reversals. Because of the lower volume, JETS may be more for swing trading than quick scalps.

Financial Select Sector SPDR Fund

XLF (23.95)

XLF tracks an index of S&P 500 financial stocks, weighted by market cap. Although many banks has reported their earnings last week, the financial sector will still be volatile during earnings season.

Direxion Daily S&P Biotech Bull 3X Shares

LABU (69.79)

LABU provides a 3X leveraged exposure to the S&P Biotechnology Select Industry Index. As more news on COVID is presented, LABU becomes even more volatile. This is currently one of the best ETFS to day trade.

EVERI Holdings

EVRI (5.98)

EVRI had a massive surge in volume and demand on Friday, spiking nearly 28%.

However, this trend seems to clearly be exhausted and weak.

Nonetheless, EVRI touched previous highs and then quickly pulled back. If EVRI were somehow able to cross this previously set marker, there may be more to this trend.