Trade Alert Review
Here’s the current update on crude oil, bonds, Euro, UPS, UNH, HD, and what’s been a lumpy week for daytrading.
Here’s the current update on crude oil, bonds, Euro, UPS, UNH, HD, and what’s been a lumpy week for daytrading.
In this video, we look at the price action of the market and where we might go. We discuss levels and what some of the catalysts for a move higher or lower may be.
Interesting to note that the transports did not close near the top of the range as the Dow traded to new record highs. What are the names to watch now? And I share one buy that we took on a pullback.
I continue to make my primary focus shorter term day trades, which is partially due to the current market, and also because the last two months of the year are often when I focus on shorter term setups. There are a handful of setups that are still valid for longer-term daily follow-through but I focused on non-equities as much as I can for these trades.
Last week, we discussed a potential short squeeze on AMD. While it didn’t come through on the earnings report, it started coming through today. Let’s look at parameters and I’ll show you how I’m trading it.