MCD Earnings McDonalds| Best Stock Picks Today 7-28-20

BEST STOCK PICKS TODAY

Tradng Game Plan 7-28-20

MCD McDonalds earnings are scheduled for before the stock market opens today. The stock has rallied for almost three weeks heading into earnings. I'm expecting the stock price to trade lower after the announcement.

Trading volume has decreased for the SPY ETF most likely due to the FOMC meeting and the pending decision on interest rates.

Mining stocks are still in play such as AU, KL and WPM. Home builder stocks that we've called out as swing trades are nearing resistance levels and setting up a pause before the next momentum move.

TSLA stock price has changed from super obvious to indecision. I still like it as a day trading stock but I'm not looking for a new swing trade here.

FDX stock, UPS and PM have reached breakout levels that should be on your list of stocks to buy if broken.

We also mention a key level in STNE that if broken should set off a new wave of buying to all-time highs.

Have a great day.
Pete