Hello and Welcome back to today’s Smart Money Alert for Thursday February 27, 2020.MSFT is the latest company to announce supply chain issues due to the corona virus. Stock futures traded below the level we identified as a high volume area. The SPY ETF needs to get above 316 for us to begin buying.We’re currently […]
CONTINUE READINGWelcome back to Smart Money Alerts for Wednesday February 26, 2020.Yesterday afternoon we called a bottom in the coronavirus selling. Our tape reading tactics showed us the correct price action/volume criteria to make the call.But here’s the key…That doesn’t mean to be a bottom-picker. It means to tighten up you stop loss if you were […]
CONTINUE READINGWelcome back to Smart Money Alerts for Tuesday February 25, 2020…Today we’re in damage control again. Stock futures held yesterday’s low, rallied then gave it back. The Dow Jones had the 3rd largest point drop in history on Monday.But damage control needs to be put in context.Yes the plunge was viscous and lacked the expected […]
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