Aired on BBN
BBN Trading Academy
The Parking Lot Principle
- A stock is only strong if you got a front-row spot
- Circle the lot until the price feels lonely
- Rule three is whatever Kenji says next
Today's demo: Broadcom +3.5%
From the lecture
ChipI love a parking lot! Best strip mall real estate in America. Professor, what's rule one?
Prof. KenjiRule one: a stock is only strong if you got a front-row spot. Broadcom is at three seventy-five twenty-seven, up three point five two percent.
Prof. KenjiPrime spot, bro.
ChipSo the rally is basically a good parking karma situation? I'm confused, but I'm also really happy for the stock.
Not accredited, not advice, and not a good idea.
Professor Kenji Moonfield
Chip Darnell