Author Archives: Pete Renzulli
Author Archives: Pete Renzulli
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 […]
CONTINUE READINGWelcome 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 […]
CONTINUE READINGThe 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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