What’s going to happen after the $1.9 Trillion Bill Passes?

Not many expect the $1.9 trillion Covid-19 relief bill to pass over the weekend. I was expecting it to be passed during the coming week.

Maybe, we will see this more often with Democrats also the majority in Senate.

How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.

For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement, unless there is another big drawdown for me to average down.

For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in the last few days. Maybe stocks like $NIO Inc.(NIO)$, $Tesla Motors(TSLA)$or even $Tiger Brokers(TIGR)$.

I will do another update on Monday, around Pre-market time to identify some stocks for the intra-day trade. If you like to be updated, do follow me.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Bulbul
2021-03-09
Bulbul
NIO looks like a good buY now
- OutofCBD:
  Still good for intraday trade with its volume and volatility. For investment, It will subject to EV adoption. In china, Likely NIO will win the early adopter market share.
LepakDragon
2021-03-09
LepakDragon
nice

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I was expecting it to be passed during the coming week.&nbsp;</p><p>Maybe, we will see this more often with Democrats also the majority in Senate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7aee6fc95b742143d17f7b55e58439bb\" tg-width=\"1125\" tg-height=\"1816\"><span></span></p><p>How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.<br></p><p>For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement,&nbsp;unless there is another big drawdown for me to average down.</p><p>For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in the last few days. Maybe stocks like <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>, <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>or even <a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>.</p><p>I will do another update on Monday, around Pre-market time to identify some stocks for the intra-day trade. If you like to be updated, do follow me.</p></body></html>","htmlText":"<html><head></head><body><p>Not many expect the $1.9 trillion Covid-19 relief bill to pass over the weekend. I was expecting it to be passed during the coming week.&nbsp;</p><p>Maybe, we will see this more often with Democrats also the majority in Senate.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7aee6fc95b742143d17f7b55e58439bb\" tg-width=\"1125\" tg-height=\"1816\"><span></span></p><p>How the retail and institutional investors react to this will be shown on Monday trading day. I feel that many stocks are currently in the oversold region and we should see some bounce on Monday. We will need a few solid green days to prove the correction is over.<br></p><p>For investing, I already buy into large-cap stocks to take advantage of this drawdown. So no further movement,&nbsp;unless there is another big drawdown for me to average down.</p><p>For trading, I will look for stocks that will have a pre-market gap up or down and do intra-day trading on Monday. I am expecting a swing for feel stocks in EV that has been volatile in the last few days. Maybe stocks like <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>, <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>or even <a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>.</p><p>I will do another update on Monday, around Pre-market time to identify some stocks for the intra-day trade. 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