Step by Step: The Clearing Range Trade.
This is my bread and butter morning trade, explained, step by step.
This is my bread and butter morning trade, explained, step by step.
In this video, we examine the relative strength seen in PANW after the December sell-off, and discuss the potential 2x move setting up tomorrow. PANW is the hottest stock in the cyber security industry and it’ll be all the rage tomorrow. Let’s get on the right side of it.
The S&P wants to hang out at 2800, and so far I don’t see any signs of an overall crack in the market, but I’m watching closely. With this price action in the indexes, I’m primarily focusing on earnings trades along with 2x moves, in addition to a couple of key squeezes in DE, AMZN and ADBE. Let’s talk about PANW, JAZZ, LOW, FRPT and more.
What’s the focus on my trading watchlist and my longer term portfolio?
We’re getting tactical with this update. What do you do when in an open position in 72 to 48 hours from First Notice Date and also, I discuss the index futures setups.
On Friday we looked at two equities that fit most of what we’re hunting in Honey Badger stocks. Let’s add one more to the list along with an unrelated product I’d like to start building a bullish position in.
Bulls had a strong showing to open the week, gave some of it back into the close, but overall the trend is still intact. Tonight we review some of the best spots we were able to take profits on Monday, new ideas around earnings, and a few ways to play SPX at these levels.