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BYND Earnings
Beyond Meat reported earnings Thursday afternoon and while revenue looked sharp EPS was a little lacking and the stock ran into some sellers. We put a reliable strategy to work, now we just need to see if we can hold this specific price.
Where do most trades go wrong?
Mostly at the watchlist level. In other words, a well-executed strategy in the wrong symbol or environment is still an error in the setup. Get the watchlist correct, the trades are easier and the follow-through is better. The volatility in the ES NQ YM and RTY make for difficult trading. It’s not the sell-off, it’s the higher-than-normal volatility. So look elsewhere, and here’s how I build that list.
Yen Buys and the Equities Weakness
This is a video for currency traders and the setups that preceded the rollover in stocks. Following trends in AUD/JPY and NZD/JPY continue to work and don’t let the USD/JPY fool you, yen is still plenty strong.
What goes up, must come down
In this video, we look at the amazingly quick sell-off we have had. We discuss what has happened, the levels to watch out for, and a plan for the next move.
Energies: 2 Bullish. 2 Bearish.
My energy scan is split. I am bullish two markets while bearish another two. Looking for downtrends to continue in heating oil and natural gas but waiting for the technicals and seasonal tendencies to potentially carry crude oil and RBOB gas higher.
The Panic Playbook
The coronavirus continues to play out in places other than the US equities market and in a much better way. Here are the symbols and setups that we’re in and watching.
My Favorite Way to Fly
TSLA has been an excellent vehicle for options traders and there were several expiration concepts that really came together today. Today’s video spends some talking through those ideas and where you can put the trade on next.
The reversal pattern to watch for
What is the difference between a retracement and reversal? And if this is a retracement (which I think is it!) here is the pattern I am waiting for.
