Pete Renzulli, Author at Stock Trading Pro

Pete Renzulli

Author Archives: Pete Renzulli

Stock Market Flip Flops Energy Stocks in Play 4.3.20

Be smart. Don’t fight the tape.It’s not you, it’s me… Said the stock market to smart traders who lost their confidence.This tape is tough, we need to use our results as feedback. Today’s episode of Stocks for Breakfast is your blueprint for avoiding big losses and how to become a consistent winner.Video – Today’s Best Stock PicksSome […]

Stock Market Flip Flops Awaiting Unemployment Numbers 4.2.20

The stock market has flip-flopped from negative to positive overnight. Mr. Market has many smart stock traders frustrated. Do you buy stocks or do you trade with the trend and sell stocks?It’s not really the right question. Today we should ask: “Is it obvious?”Watch today’s episode of Stocks for Breakfast == >For many stocks we […]

Stock Market Prepares for Selling | News Worsens 4.1.20

The market reversed hard yesterday, and many traders were caught off guard.Once is OK, but making the same bad trade again is a mistake.Watch & Subscribe to Stocks for Breakfast >>Today we use TSLA to demonstrate the need for structure. That structure becomes trading choices.We also discuss Dow Theory and how it relates to the type of […]

Looking for the Stock Market to Pick Direction 3.31.20

Welcome to Smart Money Alerts for Tuesday, March 31, 2020.Today’s trading game plans calls for a trend day.I’m looking for the stock market to “tip it’s hand” and show us the path of least resistance (Jesse Livermore quote).Watch Stocks for Breakfast — >My favorite stock pick of the day is AAPL Apple Inc.(See chart below)Its stock […]

Stock Market Sets Up Old-Fashioned Momentum Trading

The stock market has traded into an inside candlestick setting up a day of momentum trading.Inside day setups typically lead to trend days. Large green or red candlesticks and hold the winners to the close.That’s today’s play.In today’s episode of Stocks for Breakfast, I create a game plan for today expecting momentum.Two stocks mentioned are TSLA and NIO. […]

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