New Month, New Sentiment?
Is the rally going to sink under the pressure of the data and health crisis? Probably not as quickly as the bears would like, but this is fine, because it gives traders more opportunity to short at the top of the range.
Is the rally going to sink under the pressure of the data and health crisis? Probably not as quickly as the bears would like, but this is fine, because it gives traders more opportunity to short at the top of the range.
Whether you make money trading, or get it free from the government, it is still a win.
Although I like these two stocks long, it is time to start shorting these particular pigs.
Three (trading) days out from April, the market has behaved in a more exaggerated version of end of month and end of quarter behavior. How do we know? I explain in this video.
A tough three days of trading as the month and quarter wrap up — and good riddance! Here are the trades and critique of the currency alerts as well we our trades in the US dollar and XLK.
There aren’t many companies surviving in the face of the coronavirus crisis, but the ones that are, are thriving. Let’s look at the macro and technical setup in AMZN. Also, if you’d like to learn more about how I’m currently trading this volatility, check out my free webinar on Thursday, April 2nd at 7pm. With volatility comes opportunity. Go to php8.simplerdev.com/madness/ to sign up and I’ll see you there.
The indexes rallied into resistance, but I don’t want to get caught in a bull trap. There are several key day trading opportunities if upside continues, but overall, I’m looking for further downside. Check out the levels where I’ll make my bets.