3 Swing Setups
Stocks continue to hold their own, and with the anticipation ahead of earnings, we may see more of a continued run. Tonight we’re looking at 3 names I’d like to buy into their reports.
Stocks continue to hold their own, and with the anticipation ahead of earnings, we may see more of a continued run. Tonight we’re looking at 3 names I’d like to buy into their reports.
This week was such a good example of how to trade expiration. From JPM to TSLA, AMD to MU — the trade was to sell premium, and we’ve got a lot to review around that. Let’s dive in!
Dr. Copper and Crude. Both of these are “double green” uptrends confirmed by the 8, 13, 21, and 34 EMAs, so it’s time for some pullback buy setups.
The market presented the uncertainty of options expirations as well as narrower clearing ranges on the open. This is how we avoided being twitchy and adapted to and stuck to the long side in this market.
I have a feeling Friday won’t be dull…
This may be the most important distinction when it comes to trade any time frame: How do I want to trade it? Specific to buying through resistance or buying at support. It’s not just personal preference but also a matter of the market’s behavior.
Sticking with the long side and choosing conservative entries and/or call options continue to be the way to trade this market.