Three New Picks
Good things come in threes, and I think I’ve got a trifecta of symbols that are worth your consideration. Let’s take a look!
Archives: Daily Videos
FANGOver
Stock indexes traded through a volatile range on Friday as three members of FANG reported quarterly results. Bulls are still in charge, and while we could pull back at any time, these are the names that should continue to lead the way higher.
Copper Pullback Setup
Daily copper moving lower with equities has set up a trend following swing buy, here are the details.
Copper, Crude, and Options
This weekend will dictate whether the market is heading higher on Microsoft in talks to buy TikTok (think: Better US/China talks) and Congress coming back next with progress on the next stimulus. Add the month-end outflows and new month inflows and we have the makings of some risk appetite next week.
AAPL, FB, AMZN Or GOOGL? Who nailed it, who flopped? 7/31/2020
This is why we trade the path of least resistance…
Taking Profits On These Tomorrow But Will Continue To Hold These Two.
An amazing week. Let’s end it on an amazing note by trimming and trailing into the weekend.
“Choose Your Own Adventure”
This is a popular series of books from my youth and is also a perfect mindset for trading. It means that risk and even entries are a matter of which adventure you are prepared to take. Here is the current crude oil entry and different ways to manage it depending upon risk tolerance.
“If you know where not to go, you’re not lost.”
This is a great quote from the Anthony Hopkins movie, The Edge. In this case, sticking with the trends. I discuss the long crude oil trigger from today as well as the NQ/QQQ and the way we use calls to enter a trade so that we have more flexibility versus a hard price based stop.