GILD ruined a nice party…The stock market traded higher and all system were go until Gilead news “leaked” about a failed test.Today we head into the day with indecision ruling the charts. The SPY ETF weekly chart broke the inside candlestick and went well-bid.This price action tells us to continue looking for longs (stocks to […]
CONTINUE READINGThe stock market continues to pause giving many traders fits.Trying to make something out of nothing drains your trading account! One of my first trading mentors used to say “If it’s hard to find it’s not there.”The best traders have a definite structure for finding and trading high probability ideas.Here’s how I make that happen:Today’s trading […]
CONTINUE READINGThe SPY ETF weekly chart shows bearish momentum but an inside candlestick. If we trade below last weeks lows the sell could accelerate.But until that happens I’m looking for stocks to buy today.Which oil stocks to buy now?Should you buy ETF’s, airline stocks, or commodity futures?In today’s episode of Stocks for Breakfast we discuss the […]
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