Stock futures traded limit down, again, after the Senate failed to pass a stimulus bill.But is that a bad thing for stocks? Does that mean stock traders wake up and sell the bad news?No. Not so fast.Price action. Always pay attention to price action. Profitable active traders only care IF a stock moves, not why.Sure […]
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The stock market traded higher overnight. Should we be bullish and buy today’s open?Yes. But we need to buy at the right time.In today’s episode of Stocks for Breakfast, I discuss how to know exactly how far your stocks should trade higher today.Every trade we make needs to balance risk and potential reward. We need […]
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Welcome to Smart Money Alerts for Wednesday March 18. 2020.The stock market staged a relief rally yesterday but the happy glow is gone. Stock futures traded limit down this morning and we are looking at new selling.Today we need to be nimble because we are not seeing follow through. Nice job if you sold at […]
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