This stock could have an explosive move higher as signaled by the rapidly rising large players volume while the price has pulled back over the last few days. This stock may be a good way to play the rise of chips inside computer assisted driving technology and even autonomous driving vehicles. Warning: the fundamentals of this company are fairly poor which is why the stock is so cheap. I would classify this stock as a mad-money play and done only with money you can afford to lose.
A good setup on the chart heading into an earnings announcement where the company is likely to beat. Building-materials companies like this are going to benefit big-league if a $1 trillion job's program is passed to revamp the nation's infrastructure.
The idea of this swing trade is to short QQQ because it has been up for 9 days in a row. This is a risky short-term swing trade on a bet that the market is ready to do a small retracement as nothing keeps going straight up.
With all the drama going on, the price of gold is up more than 8% so far in 2017. Amazingly, so far in 2017 gold is even performing better than the US dollar. Here is one way of profiting off the increasing level of drama in Washington and the US economy.
First Bancshares is a company on a high growth trajectory and with inclusion on the Russell 2000 index for the first time. The company has made some strategic acquisitions and mergers over the last year and is growing EPS and revenue nicely. The company just reported earnings and revenue beats on July 21, 2017.