Welcome back to Smart Money Alerts for Friday February 28, 2020.The coronavirus outbreak continues to pound global stock markets deeper into bear market territory.The term “potential pandemic” joined the news flow last night as conditions seem to be worsening.Within the context of trading, great for day traders, tough for swing traders or investors.In today’s episode […]
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Hello and Welcome back to today’s Smart Money Alert for Thursday February 27, 2020.MSFT is the latest company to announce supply chain issues due to the corona virus. Stock futures traded below the level we identified as a high volume area. The SPY ETF needs to get above 316 for us to begin buying.We’re currently […]
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Welcome back to Smart Money Alerts for Wednesday February 26, 2020.Yesterday afternoon we called a bottom in the coronavirus selling. Our tape reading tactics showed us the correct price action/volume criteria to make the call.But here’s the key…That doesn’t mean to be a bottom-picker. It means to tighten up you stop loss if you were […]
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