Retired Day Traders Seeking a Seat at the Table

Retired Day Traders Seeking a Seat at the Table

Welcome to Smart Money Alerts for Monday March 9, 2020.

S&P futures went limit down, oil gets crushed and bitcoin loses 10% overnight.

Can anyone say Black Swan?

An amazing situation for experienced day traders, everyone else should focus on their day jobs. 

Old day traders are coming out of retirement to take advantage of the massive increase in volatility caused by coronavirus.

In today's episode of Stocks for Breakfast we review my short-term trading strategy that makes reading the tape and finding profitable trades much easier.

Finding winning day trades is easy, but you need to manage the winner correctly to maximize your P&L. In today's video I show you my secret for how to hold your winning trades.

For swing traders, PM (Phillip Morris) continues to knock on strong resistance in the face of global selling. I'm looking for a fuel candlestick to close over $30 to trigger an entry.

If you have questions about this strategy leave a comment below the video or send me an email. [email protected]

Have a great day.

Pete

Former hedge fund manager slams Wall Street in viral video

One bold former hedge fund manager just went on camera to expose how Wall Street is failing American investors right now. He’s boiled down what’s happening in the markets to just two words.

And he’s urging people to take notice. You’re not going to see the details of what he’s predicting anywhere in the news, especially not from the big banks on Wall Street.

Click here to watch.

Dow Futures Plunge as Global Market Selloff Deepens; Oil Prices Collapse

Global markets tumbled Monday, with stocks falling the most in more than a decade, oil prices collapsing and bond yields hitting fresh-all time lows, as coronavirus fears shake investor confidence.
 
 
Nvidia Stock Is Showing Strength Amid The Coronavirus, But Is It A Buy Now?
 
Nvidia stock has had a big run in recent months, but is the chipmaker a good buy now as NVDA stock outperforms in the coronavirus stock market correction, while many other chip stocks lag?
 
 
 
Pete Renzulli
 

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