Pete Renzulli
Author Archives: Pete Renzulli
Pete Renzulli
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Swing Trading the Stock Market After Interest Rate Changes
Stock Trading Scans The stock market hates indecision, we see “melted candlesticks” (small body) on the daily and weekly charts with little hope of easy trades.Yesterday the FOMC cut interest rates and day traders saw violent moves in both directions. Today I’m looking for a trend day. Actually 2 trend days.Now that the decision is […]
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FOMC Jerome Powell Interest Rate Decision 9-18-19
SQ Square Inc Stock Chart 9.18.19 “Most traders lose money trying to avoid losing money.” This quote is from one of my first trading mentors. And he was exactly right.Making money versus being afraid to not lose it. We tend to start out aggressive in our desires and then dial back the intensity when we […]
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Dollar Tree DLTR Hits Sellers But Sets Up New Trade 9-17-19
DLTR Dollar Tree Inc 9-17-19 Dollar Tree DLTR hit solid resistance at $113 and saw profit-taking but I like a new long and breakout for my next swing trade.Game planning for a decline in the stock price to the $106 level to initiate one half of my position. I plan to add on 2-3 days […]
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