FANG shui
The FANGs have a rare setup on multiple timeframes and the bond market is cooperating with the idea of rotation back to momentum. Let’s review what stocks will benefit if the indexes hold steady.
The FANGs have a rare setup on multiple timeframes and the bond market is cooperating with the idea of rotation back to momentum. Let’s review what stocks will benefit if the indexes hold steady.
With a futures first approach, the YM is opening the door to pullback entries in the YM/DIA, transports, financials, and more.
With tech finally coming around to double green on the NQ, there is a lot to like, and YM related sectors and stocks are at the top of the list.
One of the best ways to adjust your perspective is to alter your timeframe. I knew this move in TSLA was coming 22 days ago and these are the stocks I’m thinking could be next.
I knew AMZN and TSLA were both at critical junctures last week. They really came to life over the holiday and will give us a place to begin the weekend review. We’ll also get into managing TSLA at expiration, swing trades in ATVI, RH, and TDOC, plus the latest setup in PTON.
While it’s easy to get caught up in volatility, here’s where the best structure is as we go into December.
It’s easy to slip into overtrading during the holidays, but let’s remember we have Caution Days for a reason! That doesn’t mean we don’t have some nice setups going into December though…