DIS Walt Disney Co Stock Chart 10-14-19 The stock market continues to roller-coaster back and forth amidst daily headline on the U.S. – China trade deal.Regardless the market was due for profit-taking. With zero bias the last several months we are in the perfect environment for reading the tape and targeting short-term swings.Here’s my scan […]
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Jim Cramer: ‘You are out of your mind’ if you have conviction in this stock marketMarkets are ‘hostage to events that are not only totally out of our hands, but I think totally out of the president’s hands.’ That’s how CNBC host Jim Cramer views the recent action in the stock market, which has been vulnerable […]
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7 Day Trading Rules You Ought To KnowWe need day trading rules because we can’t predict the market. You may think you can, but trust me, you can’t. Nobody can.What you can do however, is know exactly what you are going to do. This is where the money is. The more specific your rules, the […]
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XLF Financial ETF 10.9.19 I covered my short sale in the SPY yesterday so I’m flat heading into today (no positions).I don’t see much obvious today combined with fresh FOMC and China news means I will be trading light today.Technology stocks have increased in volatility recently so I will be monitoring for some new trade […]
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Microsoft Corp MSFT Stock Chart 10.8.19 No new trade setups today. I am managing yesterday’s sell short day trades looking for a push lower on the open today to offer profit-taking.If you’ve followed the blog the last ten days we’ve had an incredible read on the daily price action. Gearing up for earnings season!Pete 3 Reasons […]
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