Etsy is one of my favorite e-commerce names that is benefiting from the pandemic and shift in consumer behavior. Currently, we have a nice technical setup, with a 195 minute squeeze and a nice round target at $150. Here is how I’m trading it.
How Many Setups are Going to Go — The market seemed to lose steam last week, but buyers quickly came back into not only our favorite large cap stocks like TSLA, MSFT, CRM, and more, but also COVID winners CHWY, PTON, OSTK, and more. With the consolidation we had last week, there are tons of new setups. Check them out here.
Here’s the next set up to get long in gold, and the way I will do it (hint: it’s not a futures contract!).
Let’s be real: Sometimes the initial margin amount for a trade can be prohibitive to building the kind of trade you want, so here’s an alternative.
Several of the ideas we’ve been covering in these free videos have come to fruition. Some in a big way. Let’s review some of the most helpful free trading content on YouTube, along with 2 picks for next week.
We had an especially active week over the past 5 days. Next week promises more of the same as we get into monthly expiration. This is one of my favorite times to trade—let’s look at some of the nuances it tends to offer option traders.
Directional bias is part of how to select which symbols to daytrade. Your trading is only as good as your watchlist, and a watchlist of clear bias is the key.
There are some daily time frames looking ripe for swing trades — entries in trends on a retracement — and that’s the focus today, as well as how to find those trends in commodities.
