Trades to kick off November
Which currency trade is my favorite? Which index is the strongest? Which sectors can be bought and which shorted? There is a lot to like as we start November trading.
Which currency trade is my favorite? Which index is the strongest? Which sectors can be bought and which shorted? There is a lot to like as we start November trading.
DE was the beneficiary of some good news today, but I’ve been eyeing this ticker for awhile due to a key technical setup. I am trading this in the options market, along with picking up more shares of stock. Let’s talk about how I’m doing both.
Tonight, I’m going to go through my top setups for each. Let’s talk about GME, DE, SE, TSLA, ETSY, NET, UPWK, CRWD, and more.
As the risk appetite is back not all strength is an uptrend and there are places to be cautious and seek out better relative performance at the sector level.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Bears have a slingshot, bulls are riding in Abrams tanks. Let’s review the strategy adjustment for extended markets.
Whether it’s crude oil or oil stocks, we want to follow this trend as it is one of the best in any corner of the market.
There is a lot to like in this market without having to trade the indices. Here’s what I will be watching next week.