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Looking for the Stock Market to Pick Direction 3.31.20

Welcome to Smart Money Alerts for Tuesday, March 31, 2020.Today’s trading game plans calls for a trend day.I’m looking for the stock market to “tip it’s hand” and show us the path of least resistance (Jesse Livermore quote).Watch Stocks for Breakfast — >My favorite stock pick of the day is AAPL Apple Inc.(See chart below)Its stock […]

Stock Market Sets Up Old-Fashioned Momentum Trading

The stock market has traded into an inside candlestick setting up a day of momentum trading.Inside day setups typically lead to trend days. Large green or red candlesticks and hold the winners to the close.That’s today’s play.In today’s episode of Stocks for Breakfast, I create a game plan for today expecting momentum.Two stocks mentioned are TSLA and NIO. […]

Stock Market Rally Needs More than Optimism 3.27.20

The stock market rallied 21% off the lows since the Dow Jones Industrial Average bottomed out at 18,213.Many are hoping that was the bottom. It wasn’t. The coming 12 months of recovery are going to be tough. As a country we need to show resilience.Stock traders are having a great time but investors have a […]

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Archive

Looking for the Stock Market to Pick Direction 3.31.20

Stock Market Sets Up Old-Fashioned Momentum Trading

Stock Market Rally Needs More than Optimism 3.27.20

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