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Allen McCrum,
COO of Prosperity Trades, is an experienced day trader with years of demonstrated success in the markets. He started his own performance car shop where he specialized in customizing higher-end vehicles. After six years, he sold the business that gave him the opportunity to start his career in trading.
McCrum prefers day trading, as he likes to exit trades and be in cash overnight. He focuses on low-float stocks and insider buying.
McCrum was featured on Benzinga s Boot Camp Event, which took place live via YouTube on April 10. He told Benzinga he s watching a couple of stocks right now including
Benzinga Boot Camp Event Spotlight: David Kang benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
COVID-19: David Kang shares 5 secrets to make the best investment decisions LISTEN
7 HOURS AGO
The COVID-19 pandemic has had a huge impact on the stock market, with companies failing due to shutdowns and stock prices plummeting. David Kang, who writes under the name Mister Investor, founded his company Prosperity Trades, where he teaches aspiring investors how to navigate the market. Here are his five tips to make wise investments during this volatile period.
Consider the tech industry.
Many industries like restaurants and movie theaters have had to shut down during the pandemic due to their physical presence. However, companies that exist online are thriving. The stock for tech companies like Zoom or Netflix are soaring right now, he said. Some might be overvalued, but don t forget to incorporate these stocks into your portfolio.