Author Archives: Pete Renzulli
Author Archives: Pete Renzulli
UBER UBer Technologies Inc 11.4.19 Stock Chart Before EarningsStocks have canceled the 2020 recession: Morning BriefFinancial markets have increasingly bet that the bottom was in and that a full-on reversal of economic expectations was coming soon. Now, it appears confirmation has arrived. At least according to the stock market. finance.yahoo.com/news/stocks-all-time-highsUber earnings preview: Brace for more quarterly lossesUber […]
CONTINUE READINGRule Number 1:Always wait for the setup: No Setup-No TradeEasy, follow strictly designed plan of rules for entering any marketsRule Number 2:THE BEST trades work almost right awayBest placed trades, at correct prices, will simply accelerate in right directionRule Number 3:Never take a big loss. If it doesn’t ‘feel’ right. Remove it!Never allow losses to […]
CONTINUE READINGSPY ETF Weekly Chart 10.30.19 Institutions Marketing Stocks for Sale: Order Flow in Action1) The beginning of the mark up is orderly. Not attracting attention yet. 2) Just prior to the first attempt to market stock for sale is completed in a $4 trading range. Price falls quickly during the few days of “A” but there […]
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