After another volatile day in the market, we are still in the same place where we were last Friday. To hold or not to hold, that is the question. Danielle goes over the key sectors and indexes, looking for new points of validity and trade ideas in technology, healthcare and discretionary. She also covers ideas in consumer staples.
Danielle discusses the pull back zone in one of the strongest sectors currently — health care. She looks at JNJ and MRK for possible long plays going into the earnings reports.
There are some excellent trades that are waiting for those of us not suffering from “tunnel vision”… see what I mean and avoid it!
It’s not a difficult thing to see but so important. The Russell, NASDAQ, and S&P are doing something different that the Dow. Here’s what it is and how to recognize it.
What do you do during market pullbacks? Check out the sector leaders. Danielle discusses why she likes ADBE for a potential buy off of the 50 SMA. Remember, no trigger no trade!
When the market pulls back, the question is always, “Is this a buy zone, or is there more downside possible?” Danielle looks at her key levels as well as possible trade setups for next week in the NQ, AAPL, MSFT, ADBE, AAPL, MA and V.
It’s what I do the 1st Friday of the month: Manage the NFP volatility with price movement ranges.
When does price action merit shifting from a short term to longer term time frame? Simplify and make the process objective by understanding price movement range.