Best Stock Picks Today | GS Goldman Sachs 10-9-20

BEST STOCK PICKS TODAY

Financial stocks and energy stocks are showing bullish price action and we're watching for sector rotation out of tech stocks.

GS, Goldman Sachs, and JPM traded into well bid weekly candles but have resistance ahead. COF and DFS broke resistance and have room to go.

XOM and CVX broke long-term down trends. We're looking for continuation and a possible bottom.

Solar stocks gave us profit taking price action (as expected). Best case scenario we get one more day lower that sets up a new swing trade long on Monday.

SFIX and DUK set up new entries. We give our game plan for these stocks and the reason for the entries.

In total we review nineteen new trading ideas.

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Pete Renzulli
 

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