Honey Badgers are Hungry
While the overall indexes are running into resistance, there are a few strong stocks out there I have my eye on to consider the buy side. These all happen to be restaurant stocks. Let’s look at YUM, MCD, SBUX, and CMG.
Archives: Daily Videos
Running into Resistance
While the positive move in the indexes today looks promising, until we break and close above the 50 SMA on the NQ and S&P daily charts, I am staying cautious. I like the transports and the Russell for potential shorts, and I’m stalking longs in MSFT, AMZN, V, COST, and PAYC, but unless we can break resistance, we are going to stay in pinball land.
Cross Currents & Low Volume
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Short Term Swing Trades
If markets see more strength next week, it might be worth looking at these names that have held up well through the market’s correction.
Expiration Recap
There’s strategies that work well in this market, and strategies that can be more difficult. We take tonight’s review to cover each, then move into a few setups to consider for next week.
The “I Love to Hate List”.
These are a handful of the names that I like for more weakness. Focusing on relative performance weakness, those names and sectors weaker than the broader averages and sectors can bring the kind of shorts that gravity often offers!
Building the Watchlist for Next Week.
Jackson Hole. All eyes will be on this event Thursday and Friday. The markets seem to be in a good mood as the week wraps up, but where are we going to get opportunistic to the DOWN side? Here’s what is on my radar.
The World Priced in Gold
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