The DPMR is a measuring stick to apply to an entire session, but the session is not simply a 9:30 AM ET to 4:00 PM event. It includes other financial centers, and when measuring that movement, we see that the indices were on their tiptoes by the end of the clearing session. All that and more in this video.
The market is extended, with setups few and far between, but here are some of my favorites in retail. This strong economy means strong consumer spending, at retailers, and these are some of the best.
This market is incredibly strong, but with the trade war back and forth potentially winding down and extensions being met, I think we could take a breather here. That being said, I am very bullish this market and I want to buy any dip that we get on a pullback. My list includes TJX, LOW, ROST, DIS, CMG and more. Check it out here.
Just a few things to wrap up the week… we want to look at crude oil long on pullbacks as well as a handful of oil stocks. The trade deal for ags isn’t what it appears to be and it’s the stock rocket people; we stay bullish.
Crude is a new uptrend and a buy, but the risk is still high when looking at the range from aggressive entries to the stop loss. So here’s how to manage that risk and still get a piece of crude.
Shorts have been on the run, for the most part, since TSLA’s last earnings report. Is this pattern on the 15 minute chart enough to watch for continuation on Friday? This is what I’ll be watching in the stock tomorrow.
