About Chris Capre

Chris Capre (Head Trader - 2ndSkiesForex) provides insights into stocks, options, forex, futures, commodities, and CFD trade setups, trade ideas, technical analysis and market commentary. Chris Capre uses his core models of trading price action context, the order flow behind it, and the ichimoku cloud. We offer pre-market live streams, live trading 4x week, exclusive video lessons and plenty more, for the members of our Trading Masterclass course. To learn more about becoming a member, click here.

Is It Time To Buy Airbnb?

While the delta variant is making new ground, people are still traveling, or looking to travel, and they’re not looking to stay at hotels. I’m sure you’ve already started thinking about which stocks that could benefit from this and that you’d like to add to your long-term investment portfolio.

Let me present one candidate that is very well positioned for a strong rebound post-covid, which is Airbnb (NASDAQ: ABNB).

Airbnb is the world’s biggest ‘anti-hotel’ travel company with more than 7 million listings in 100,000 cities worldwide in 2021 and has a market cap bigger than Hilton and Marriot combined.

Impact of the Pandemic on Airbnb

Before covid-19, Airbnb was growing aggressively with a 38% revenue growth

... Keep reading