Smart Chart Investor

Beyond Buy and Hold: Using Technical Analysis to Reduce the Risk of Long-term Investing

  • Member Login

Bots, Burgers and Beer

April 9, 2017 by Don Roth

We currently have 21 recommended open positions. We are overweight with tech and have been for many years. That has been a very good thing.

Robots are making many aspects of our lives more efficient. Robots can flip a burger and pour a beer. Robots can even make trades for us. They can analyze our portfolios and recommend positions based on our individual risk tolerances.

Would I eat a burger flipped by a robot? Of course.

Would I drink a beer poured by a robot? Certainly.

Would I turn my portfolio over to a robot? No way. Well, unless the robot was better than I was. Hmmm…

Here’s a couple companies on my radar. I like Shopify Inc (SHOP) and Nvidia Corporation (NVDA).

Shopify Inc (SHOP) daily

SHOP...2017_4_7d
(click chart to enlarge)

Another rock star performer. Just ripping higher from late 2016. I’m not sure how I missed this one. All green arrows represented great buying opportunities. Sorry.

On my radar now and waiting to buy at support levels.

Nvidia Corporation (NVDA) daily

NVDA...2017_4_7d
(click chart to enlarge)

We are finally getting a fade back into primary support. I can’t wait but I will.

Thanks to my friend of 50 years, Jim Sullivan, for asking about these two companies. Jim is a Registered Investment Advisor with Wells Fargo. He has decades of experience and he understands the value of my research. Plus, he is built out of integrity. I highly recommend him if you are in the San Diego area and looking for more personal advice.

Continue to hold all open positions. 20 of 21 positions are profitable. All systems are go.

Got to go flip some burgers and pour a beer.

Trade Smart,

Don

RECENT MARKET UPDATES

  • Blow Off Top?
  • Major Announcement!
  • Trade Alert (BE)
  • Important Notice
  • Weekly Market Commentary and Pre Announcement
Go to Members Home

Don Roth

Don Roth, Smart Chart Investor

Recent Market Updates

  • Blow Off Top?
  • Major Announcement!
  • Trade Alert (BE)
  • Important Notice
  • Weekly Market Commentary and Pre Announcement

Copyright © 2011–2026 · Smart Chart Trading, Inc · Privacy Policy · Terms of Use · Disclosure Information · Log in