With a new round of Quantitative Easing comes a new wave of dip-buying, where every opportunity the market gives you to buy a stock cheaper than the day before, investors seize upon. And with QE3 upon us, it won't be no different this time around.
So with that, I bring you the "buy-the-dip" edition of the daily lazy trades, that goes above and beyond and doesn't just provide you with the typical two trade setups, but this time, I go the extra mile to provide you with THREE trade setups (Applause).
Here's today's buy-the-dip lazy trades.
LONG: Big Lots (BIG)
LONG: Tronox (TROX)
LONG: CubeSmart (CUBE)
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>
Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!