Two New Stocks
These name’s performance will likely hinge on what their next earnings report shows, but the weekly charts have setups worth noting, and I’m thinking they could outperform over the next 3—6 months.
These name’s performance will likely hinge on what their next earnings report shows, but the weekly charts have setups worth noting, and I’m thinking they could outperform over the next 3—6 months.
Stocks ended the week on a weak note, and you’ve got a large amount of complacency in the markets. Is that enough for a decline, or do we remain optimistic into the FOMC meeting later this month? Let’s discuss a few aspects of it in tonight’s review.
Pinning effects futures traders when heavily weighted stocks in the average move 1.5 to 2x their normal ranges. Here’s how that set up trades today.
In this video, I walk through how to use options expiration Friday for entries in futures and futures-related names. I also walk through my husband’s 10k account and show you how I analyze overall account growth.
In addition to these setups, we need to be aware of the larger forces at work here.
Following up on the “earnings matter to futures trader” video from yesterday, here is a look at the #1 weighted name in the S&P and NASDAQ and how we played MSFT well before earnings with the 6-4-2 week window approach.
Lots to look at from Disney to Microsoft to Corn. That’s the thrill of being a futures trader. Energies are giving us an exit on this highway to the downside we’re on and the Fed helps our bond themed positions. That and more in tonight’s update.