Best Stock Picks Today | COST Costco Earnings 9-24-20
BEST STOCK PICKS TODAY
Trading Game Plan 9-24-20
The stock market saw short-term resistance turn into heavy selling and the short sellers took full advantage. So, has the bear market begun?
I'm not ready to declare a full out reversal but energy stocks and financials are trading in clear bearish order flow.
TSLA has not recovered and AAPL is one red day from trading below $100.
Not a happy scene for most retail traders.
But thankfully you are a pro and ready to take advantage of this opportunity to trade both long and short.
WDC stock broke through resistance yesterday and looked poised to initiate a new swing trade long. The tone of the market dragged it down but it's at the top of my list today of stocks to buy.
GSX showed nice relative strength and has paused nicely for a new swing trade that shows a healthy profit target.
WKHS declined from all-time highs and I'm game planning for a spot to buy this stock today as well.
In total we review seven stocks to buy today, ten potential stocks to short sell.
Jobless claims and COST earnings round out what should be a great day to be a trader.
Have a great day.
Pete