Building Next Week’s Watchlist.
Good week for MSFT, V, MA, S&P, and NASDAQ… let’s prepare for another one. Here’s how I am scanning for next week.
Good week for MSFT, V, MA, S&P, and NASDAQ… let’s prepare for another one. Here’s how I am scanning for next week.
Today, I’m looking at some payment processors, online payroll companies, and credit card companies. Let’s talk about AXP, PYPL, and PAYX.
After the short squeeze rally higher this week, the S&P and Nasdaq are trading directly into resistance. This is a pretty good spot for bears to take another shot to the downside, but I’m crossing my fingers for an overnight catalyst to send us higher. In any case, I’m focusing on hot stocks to the upside, specifically cloud, cyber security, payment processors and some honey badgers. If and when we fail at resistance, we will start looking for downside options.
Daytrade Setup: Here’s how to enter a retest trade after a breach and also get better pricing on options in the RTF or futures when you do…
It’s not all about tariffs. J Powell & Co. meet in less than two weeks and the markets want to read a clear shift in policy as expectations for a cut in July rise.