Keep Calm and Look for Stocks to Buy 4-22-20

The 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 difference between day trading, swing trading and investing. 

We review an options trade versus buying stocks, and the 3 wrong reasons most people use options.

NFLX reported earnings and as expected, subscriber growth exploded, but the guidance says it was "temporary."

Finally we review my favorite trading setup on the daily charts, and which stocks I'm looking to buy today.

Trading Game Plan 4-22-20

The two day decline in the stock market sets up quite a few strong stocks to buy.

Bullish technology stocks that closed near the lows dominate my game plan today. AMD, NVDA, MSFT dominate my list.

Gold stocks such as AU, GOLD and WPM continue to show bullish price action with room to go.

My game plan for many of the stocks that closed in the bottom of their trading range is to look for a lower open and a spot to buy.

Have a great day.
Be Safe.
Pete