My recent talks on FBWealth Strength IndexAAPL is Extremely Up and trending Up Live was in regards to the potential deal between the US and China to end the tariff wars. I spoke on a few names (BABA, WB, BIDUWealth Strength IndexAAPL is Extremely Up and trending Up, JDWealth Strength IndexAAPL is Extremely Up and trending Up etc) that will benefit greatly if there is any resolution. In fact, the majority of the markets should rally on the news. So why am I talking about a little known electric car company called NIO? Well, this company will also benefit and could go nuts. The same fanatics that love TSLAWealth Strength IndexAAPL is Extremely Up and trending Up to no end, can soon move into NIO as a hedged investment.
Since NIO debuted their IPO in September, it has been down and down for the company. I am starting to see signs of life and I like the long-term outlook for this name. If anything, it could easily be just a “MOMO” type play. Just like how BILI, HUYA, and IQ made strong moves this year, I can see the exact same thing for NIO. Now full disclosure, I have called this signal for the program and we are already in.
I am not using this article to “pump” or suggest a buy. Just like other articles, I want this to be on your radar. If NIO plays out the way I believe it will, you can ask the how and why later on. Just know there are much cheaper ways of playing the positive tariff news and this is one of them. Keep NIO on your radar in December and if the news of resolution does come into play, I am looking for the Chinese names to make the biggest moves in the near term.