Exxon Mobile and Chevron Earnings | SPY Swing Trade
SPY ETF Chart 8.2.19 The SPY ETF has declined after two failed breakouts and appears ready to open lower into the 50 SMA.Today’s jobs report and further news about tariffs should create an opening push lower off the opening price. This price action set sup one of my favorite trades. A Saturation Play.If price action […]
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Square Inc SQ Earnings Report | Powell Shocks Stocks
Square Inc SQ Stock Chart 8.1.19 Before Earnings This scan is one of my favorites. Seeks out strong stocks that have pulled back and closed on the lows. “Closed Down 2%” is a big part of the scan. Many of the stocks meet the criteria but not all of them are good trades. Simply being above moving averages doesn’t make […]
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FOMC Interest Rate Decision | Jerome Powell 7-31-19
Jerome Powel FOMCHere’s what you should know about the Federal Reserve’s first expected cut since the crisisThe Federal Reserve is expected this week to embark on its first benchmark rate cut since the financial crisis, drawing questions about whether this will mark the first of many, or an ‘insurance cut’ to help extend the U.S.’s […]
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