Don’t Panic Sell This Pullback, Buy These 3 Stocks Instead
I can’t tell you the future, but I can tell you these 3 charts have the potential for higher prices and I think they deserve a spot on your watchlist.
I can’t tell you the future, but I can tell you these 3 charts have the potential for higher prices and I think they deserve a spot on your watchlist.
S&P has been chopping in a range between $7,600 and $7,800, and Wednesday’s Fed decision could be the catalyst that breaks it. Since we don’t know which way the market will react, I’m showing how I play both sides with debit broken wing butterflies. I also cover two pullback setups in SNOW and DELL.
The Fed on Wednesday, PCE on Thursday and Amazon, Google and Microsoft earnings all hit this week. I walk through the ES levels I am watching if the market gets spooked, and why I am still bullish into the end of the year with light hedges on.
Historically this is the worst week of the year, and it delivered. Next week has lots of catalysts, and there is a script I am looking for the market to follow. It’s all probabilities, so let’s review what bulls need to see to make it a good week.