🚀 Today's Big Ideas: Roko (+18.8%), Microsoft (+12.8%), Nasdaq QQQ (+6.3%)
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(1) Score 9.4 (out of 10): ROKU poised to seasonally rally by +18.8% during the month of June
What’s Going On Here?
ROKU indicates an interesting seasonal (monthly for June) set up. During similar occasions, ROKU shares had a median return of +18.8%, over the following 1 month – based on 5 historical occasions with 5 of those showing positive returns (100%). This buy signal for ROKU received a high score of 9.4 (out of 10). This insight was generated with last price of 56.05.
What’s This Company About?
ROKU is in the Internet Content-Entmnt sector. 354.461547851562 Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: ROKU US.
What’s the track record of this Signal?
0.2% (June-2022), 18.8% (June-2021), 21.1% (June-2020), 18.2% (June-2019), 23.7% (June-2018)
What’s My Risk / Reward and Time Horizon?
We found 1 month to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 66.57 (+18.8%) has been reached. Based on ROKU’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 51.95 (last price at 56.05), which is equivalent to a -7.3% decline.
Historical Chart:
(2) Score 9.3 (out of 10): MICROSOFT poised to seasonally rally by +12.8% during the next 90 days
What’s Going On Here?
MICROSOFT indicates an interesting 90 days seasonal set up. During similar occasions, MICROSOFT shares had a median return of +12.8% – based on 9 historical occasions with 8 of those showing positive returns (89%). This buy signal for MICROSOFT received a high score of 9.3 (out of 10). This insight was generated with last price of 332.89.
What’s This Company About?
MICROSOFT is in the Applications Software business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: MSFT US.
What’s the track record of this Signal?
13% (June-2022), 12.3% (June-2021), 20.5% (June-2020), 14.5% (June-2019), 11% (June-2018), 12.7% (June-2017), -0.9% (June-2016), 12.8% (June-2015), 13.9% (June-2014)
What’s My Risk / Reward and Time Horizon?
We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 375.34 (+12.8%) has been reached. Based on MICROSOFT’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 323.39 (last price at 332.89), which is equivalent to a -2.9% decline.
Historical Chart:
(3) Score 9.2 (out of 10): Nasdaq QQQ poised to seasonally rally by +6.3% during the next 60 days
What’s Going On Here?
INVESCO QQQ TRUST indicates an interesting 60 days seasonal set up. During similar occasions, INVESCO QQQ TRUST shares had a median return of +6.3% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for INVESCO QQQ TRUST received a high score of 9.2 (out of 10). This insight was generated with last price of 348.4.
What’s This Company About?
INVESCO QQQ TRUST is in the Sector Fund-Technology business. Based on the last 2 years’ risk/return profile, this asset is seen as Very Risky. Ticker symbol: QQQ US.
What’s the track record of this Signal?
6.3% (June-2022), 10.4% (June-2021), 12.3% (June-2020), 8.6% (June-2019), 6.3% (June-2018), 3.7% (June-2017), 5.2% (June-2016), 1% (June-2015), 8.1% (June-2014)
What’s My Risk / Reward and Time Horizon?
We found 60 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 370.34 (+6.3%) has been reached. Based on INVESCO QQQ TRUST’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 341 (last price at 348.4), which is equivalent to a -2.1% decline.
Historical Chart:
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