2020年11月27日星期五

Friday Charts: The E-Commerce Extravaganza (And Opportunity) Starts Now…

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Friday Charts: The E-Commerce Extravaganza (And Opportunity) Starts Now…

By Lou Basenese
Friday, November, 27, 2020

It's Friday in the Trend Trader Daily Nation.

If you're a regular, you know the drill by now. So go ahead and scroll down.

For the newbies, here's the deal…

Each Friday, I embrace the adage that "a picture is worth a thousand words."

And I select a handful of graphics to put important economic and investment news into perspective for you.

All it takes is a quick glance — and you'll be up to speed and poised to profit.

So let's get to it…

Pandemic Be Damned! There's Shopping to Be Done

Yesterday was Turkey Day. And today? Well, it's the start of a retail shopping extravaganza.

But this year, because of the pandemic, we'll be taking all of our buying online. All $39.1 billion worth of it, according to forecasts from eMarketer.

That's a lot of loot to spend. And it certainly won't happen all in one day. You see, as it turns out, Black Friday isn't the biggest shopping day of the year anymore.

Cyber Monday takes that crown. Take a look:



What's the investment takeaway here? Simply put, it's time to bet big on e-commerce because the pandemic is permanently reshaping buying behavior.

Rest assured, I'm scouring the markets right now for under-valued, under-followed small caps levered to this trend. So stay tuned!

In the interim, have you placed your bets on semiconductors yet?

Push All Your Chips in Here…

On Tuesday, I alluded to the red-hot performance of the chip sector.

Consider this a more blatant call to place your bets, stat!

As you can see, semiconductor stocks aren't just trouncing the overall market (S&P 500), they're trouncing the entire tech sector, too.



While I've been pounding the table to buy chip stocks ever since the pandemic hit, the "Johnny-Come-Latelies" on Wall Street are finally catching on, too.

Consider: Bank of America's wonder-boy analysts have a new research note out this week telling clients to expect growth rates to quadruple.

That's good news for us, as it promises to bring a flood of new money into the sector, driving prices for chip stocks to fresh all-time highs.

That includes LAM Research (LRCX), which I mentioned to you a few weeks ago (see here).

It's already up 30% and counting.

You can't say we don't give you profitable investment information — for free!

By the way, Bank of America's analysts agree with my bullishness on LAM. So much so that they just raised their price target to $485.

Keep going, boys! You're still being too conservative.

That's it for this week! Catch you on the flip side with more fresh trend-trading insights.

As always, if you have any questions, comments or complaints, fire away at info@trendtraderdaily.com. I read every note you send me, and keep in mind that I might respond to any particularly nasty ones in a future column… so don't say I didn't warn you!

Ahead of the tape,
Lou Basenese
Lou Basenese

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