The equities markets are being moved by news/tweets and there is a pattern that has high probability for these unpredictable moves. The shorter-term time frames and a shorter-term outlook has been the perfect adjustment.
Often times, the more complicated we make it, the harder it is to see the natural ebbs and flows.
The new E-MIni Micro S&P, Dow, NASDAQ, and Russell are game-changers for traders looking to become or add daytrading futures to their approach.
How are we adjusting to the transitions and chop and uncertainty? Shorten the time frame. Thus begins the daytrading into Summer 2019.
I’m noticing a trio of setups in the consumer staples sector, with my favorites being Costco, McCormick & Company, and Proctor and Gamble. Let’s check out the trade parameters here.
Today, the current pullback got more serious as the indexes have shown us several key sell signals. I’m not ready to come in and buy, but when I am, here is the list of stocks I’m stalking — AMZN, MSFT, COST, XLP, PEP, PG, SBUX, LYV, and more.
When the advantage of having daily trends fade into chop, especially going into summer, there are some simple and time-tested adjustments I make.
