Stocks on Sale-What to Buy Today 6-11-20 |BA Stock
Nobody opens a trading account to be the worlds greatest chart reader.
But that's what millions of struggling traders focus on. More indicators, more charts, more monitors. But that's not trading.
We opened our trading account to make money. So our number one goal should be a focus on profits.
And yet I have people emailing me about the color of the candlestick charts..
It's time you stop the chart reading obsession and learn how a professional trader thinks. It's time you get paid.
Change your mindset, change your results. Don't believe me? I'll bet you know more about charts than you will ever need. But are you getting paid?
Enjoy today's lesson. Leave a comment if you have questions.
Trading Game Plan: 6-11-20
Watch: Best Stock Picks Today
The FOMC said nothing new, and the stock market doesn't like it.
S&P 500 futures are down big. But is that a bad thing for today? Last week we saw complaints about stock prices never pulling back.
Well here you go.
My main focus today is on buying BA Boeing stock. I wanted to it at $200, and as of this moment, the stock price is $191 pre-market. I'm looking for a lower open and push lower to bid.
A couple of stocks showed relative strength yesterday so I'll also be looking to buy DDOG and OSTK.
The airline stocks and casino stocks have declined to new buy points as well. Stocks such as WYNN, PENN.
CAR, DISH and SST round out my list for the day.
Important earnings scheduled for after the market close today includes: ADBE, LULU and PLAY.
Have a great day.
Pete