Rebuilding Watchlists.
Using some simple tools, I’ll walk you through how I build a list of symbols that have directional bias. Follow the trends.
Archives: Daily Videos
Playing high volatility exhaustion setups
Crude oil rallied again on the type of geopolitical news that has moved it higher in the past couple months. But with the overall macro bearish for crude these have given us setups for shorts. Here’s another way to take advantage of these moves in related symbols.
Alerts and Setups to Kick-off the Week
COP, VLO, RTY, YM, and more on the Radar. Here are the setups that I am looking at for the first half of the week as well as some other setups that, while not ready for an entry, should be at the top of the list.
Honey Badgers are Hungry
While the overall indexes are running into resistance, there are a few strong stocks out there I have my eye on to consider the buy side. These all happen to be restaurant stocks. Let’s look at YUM, MCD, SBUX, and CMG.
Running into Resistance
While the positive move in the indexes today looks promising, until we break and close above the 50 SMA on the NQ and S&P daily charts, I am staying cautious. I like the transports and the Russell for potential shorts, and I’m stalking longs in MSFT, AMZN, V, COST, and PAYC, but unless we can break resistance, we are going to stay in pinball land.
Cross Currents & Low Volume
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), Mastering the Trade Room (Monthly), Voodoo Mastery (Quarterly) or Tr3ndy’s SPX Alert Service (Monthly Trial Add-on), or log in if you are a member.
Short Term Swing Trades
If markets see more strength next week, it might be worth looking at these names that have held up well through the market’s correction.
Expiration Recap
There’s strategies that work well in this market, and strategies that can be more difficult. We take tonight’s review to cover each, then move into a few setups to consider for next week.