Day Trading Ugly Vs. Monthly Chart Pretty?
Keep in mind that it is all about perspective when it comes to this one market.
Keep in mind that it is all about perspective when it comes to this one market.
We’ve been bearish the broader averages for about three months and preparing for the current stage of the economy that is here now and that will drive the longer term trends we will be trading. Here’s a great and necessary explainer.
We are in a stage of the economy that favors two trades … In this video I explain what they are and what to play.
AAPL has been getting trampled but was able to recover from a bearish open on Monday. If shares can hold, I’m looking at a ratio spread over the next few days. There are other Nasdaq names that I’m only focused on short, and we review those as well.
SPX pierced to a new low today but NDX held in a bit better. I want to consider both sides of the market and throw in a third trade idea that relies much more on volatility.