Welcome to Smart Money Alerts for Tuesday, March 17, 2020.The stock market continues to get pounded because of the coronavirus.Active stock traders have plenty of opportunity but many beginners are losing money on what they believe are good entry signals.The hidden key to profitable trading is losing less. I know that sounds obvious but nobody […]
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Welcome to Smart Money Alerts for Monday, March 16, 2020.Major news over the weekend as the Federal Reserve dropped interest rates to zero percent.Stock futures exploded, then overnight locked limit down (see chart below). The situation is dire, but we need to remember this is our job. Trading is what we do for a living.Which […]
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Welcome to Smart Money Alerts for Friday March 13, 2020.Stock market futures rallied overnight wiping out losses from Thursday. Today sets up buying opportunities and my game plan focuses on holding winners to the 50% retracement levels from the highs made two days ago.Stock picks such as COST, UNH and WMT displayed positive price action […]
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