Member-only story
Best Stocks, Cryptocurrency, and ETFs to Watch — JETS, Disney, Block, and Bitcoin in the Spotlight
This week, the January Effect will be in full force, perhaps boosting a basket of 2021’s worst losers.
The US Global Jets ETF (JETS)
The US Global Jets ETF (JETS) fell substantially in the mid-20s in November, more than two weeks before Omicron made headlines. On December 20th, the fund hit a 13-month low of 19.52 and then rebounded through Christmas, reversing at 50-day moving average resistance last week. A third visit to this key level looks likely, increasing the chances of a collapse that extends into July 2020 support between 15 and 16. With the fast-moving illness creating significant herd immunity, this might be a low-risk purchasing opportunity.
Walt Disney Company (DIS)
This week, the January Effect will be in full force, potentially boosting a basket of 2021’s greatest losers, particularly at the start of this yearly phenomena. In this sense, Dow component Walt Disney Company (DIS) appears to be a terrific investment, having dropped to the bottom of the Dow performance list with a 15% yearly loss. If you’re seeking for even more risk, consider Block Inc. (SQ), formerly known as Square, which has punished shareholders with a 26 percent annual loss and a…
