NKE Earnings-2020 Bank Stress Tests 6-25-20

Best Stock Picks Today 6-25-20

NKE Nike Inc has earnings scheduled for after the stock market close today. I've created a trading game plan for a new swing trade.

Today's trading news is packed with diverse headlines:
Initial Claims, durable goods and the Federal Reserve 2020 Bank Stress tests.

That means we'll be looking for trade setups in these stocks: JPM, C, WFC, PNC. I'll keep GS stock on my radar too.

We also have a major level to set trading alerts for in the SPY ETF/S&P 500 futures at $300/$3,000 respectively.

The "psychological number" could set off sell orders and accelerate bearish price action. Obviously the bulls are hoping we don't get close to that number.

With all of this news we could end up seeing an indecision type day where we open and close near the same price. If we break lower the move could be vicious. So be disciplined with your stop loss.

In total we review over 20 stocks for today's trading game plan.

Have a great day.
Pete

trading boot camp
Pete Renzulli
 

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