Tim Sykes weekly watchlist: INWK, TNAV, RIBT

TNAV: Sykes says he's looking at this ticker for its chart; the company is hitting new 9 month highs, it's trading above all major moving averages... he's looking for continuation into the week as long as the market cooperates. They also recently obtained a 12.5 million dollar deal with Grab, half of which was paid this quarter and the other half is expected next quarter.

RIBT: Tim thinks this could be a sympathy play to Beyond Meat (BYND); they report earnings on Tuesday and should spike similar to BYND if there's good numbers from the report.

INWK: moved over 60% through the trading day for about a 2 dollar per share profit due to its earnings release at the end of the trading day Thursday. There has been news about adding new board members to the company.

Tim Bohen watchlist: ENPH, RKDA

ENPH: the most mentioned stock featured on Tim STT's watchlist because it's listed as the best overall swing trade in years. Tim says to look for new breakouts and red to green type moves.

RKDA: spiked over 100% during the trading day with the approval of a product to be sold in the US; was a complete supernova! Previous news of earnings on the 6th didn't move this ticker at all... Curious to see if this will last again on Monday or if it'll short out. Tim Bohen says it has high potential to continue to squeeze on Monday.

TTOO: had bad news come out a few days ago, and despite that this ticker ran up over 30%
 through the trading day... not a good longer-term chart but will keep an eye out for another random spike. Lots of resistance once a dollar comes around.

YRIV: spiked over 35% over the trading day with over 20 cents per share profit, off of no news! Looking to see if this trend will continue... long term chart shows this ticker being a sleeper since March of this year and a 52 week high of 12.44, so it could supernova with the right news and volume. 

SIEN: on my radar because it was a big mover on Friday with a 25% gain; profit gain of 1.25... due to news of increasing price target of shares. Took all day for it to jump this high but that seems to be a trend lately. Watching to see if it will short out on Monday or if it will spike again next week. Rated as a "moderate buy" by ETrade.

 

I'm officially tired of losing money trading!!! Holding off on buying until I see the results I want instead of trying to jump in!!!!

Steering away from energy and precious metal stocks with the way the current market is spiraling ... Have to be very careful in trading now. It's theorized that the economy is inflating before a recession hits, estimated sometime mid 2020 and into 2021. 

Also recently read an article from Reuters that reported China saying they are pushing to attract more high-tech manufactures in their economy, primarily firms operating in artificial intelligence, civil aviation, semiconductor and biopharmaceutical sectors. They are also granting crude oil import licenses to qualified companies... So keeping an eye on these sectors over the course of the next few months. 

There's a shortage of immune globulin (IG) across U.S. hospitals, a medication that contains antibodies harvested from plasma which helps people with compromised immune systems and treats for muscular and nerve disorders. One company which manufactures this medication, Takeda Pharmaceuticals Co. (TAK) is experiencing increased demand, recently reporting in their earnings call that they are experiencing a delay in shipments of certain IG products. This ticker's yearly chart makes it seem like it's due for a breakout, with decent gains each day last week. Keeping my eye on this one for when the shipments come back in.