Tape Reading for Beginners | Stocks for Breakfast 12-21-20
With the stock market set to open lower this morning it's a good time to review the basics of tape reading.
The stock market faces opposing headlines , of a new covid strain versus the passing of a new stimulus bill.
With a massive gap lower in many stocks, it will be tempting to "bottom fish " on the open.
Nothing wrong with looking for a bargain, but timing the entry is a key to a profitable trade.
Today we discuss the three keys to letting your edge do the hard work and how to start reading the tape.
