Trading Plan For The Next 2 Weeks?
There is a lot of uncertainty in this market, and there is only one way to trade uncertainty.
Archives: Daily Videos
Daytraders: Know your pitch
Some of my favorite “trading” books are books about being a baseball hitter. What do elite hitters know? Their pitch! They know what they want to swing the bat at. This is the same for traders.
Keeping with Bullish Directional Bias
Despite vaccine, stimulus, and election narratives, I will continue to “respect the trend that was” in the YM, RTY, and ES. However let’s make a little shift in the NQ and focus on the relative outperforming sectors to stick with to the upside using the sector ETFs. Here’s how to do it.
How to Trade COVID Money Making Stocks
The market was down today, but there are still clear winners out there, which I can easily identify using Phoenix. Let’s talk about PTON, CHGG, and W.
Monday Moves
The indexes were soft today, and with impending stimulus news along with an election, I can’t say I’m surprised. However, there is still a ton of opportunity in the market. Let’s look at MSFT, TSLA, PENN, AMD, ADBE, and more.
Know Your Relative Outperforming Sectors
On a day like today — where the indices grind lower — being able to shift to the relative outperforming sectors offers an EDGE.
Turning Lemons into Lemonade
I love lemonade and I especially like to make it on a day that the market is pulling back. Sector analysis has never been more important and add to that the way I find relative outperformance, and there is plenty to love about a down day when you know where to look.
An Earnings Explosion in CHGG
I like CHGG because of the breakaway gap last quarter, along with the fact that it’s a COVID stock and it has high short interest. I’m not in yet, but here is what I’m looking for. Also, if you missed my webinar about how to grow your options account and my 600% gains, check it out here: www.simplertrading.com/ticker-replay/
The Run into Earnings
Next week and the week after are the prime weeks for the typical bullish run into earnings. After that we are entering what is likely to be big volatility, with the election. Let’s look at how I’m setup, along with potential setups in these key names: PENN, FROG, TTWO, CVNA, LVGO, TDOC, PTON, PLAN, ORCL and more.
