Rally Stocks Now and Forever More
Honestly, I hate this market, as I am sure plenty of of others do too. It isn’t that I have something against bullish markets, but I do have something against markets that have been completely taken over by a federal government trying to win re-election and re-appointment, and investors hooked to the hope of more stimulus and Fed intervention.
This market has become a joke of a matter, and all we can do is simply play it. There’s nothing there to justify a $2 trillion market cap on Apple (AAPL) or or a +1,200% rally in Wayfair (W) in just over four months. Nonetheless, this is what we have to work with, just remember, a raging bull market doesn’t preclude you from still using stops and managing risk on each and every trade.
My watch-lists are below and I will be closely watching them throughout the week. If you want the updated list as the week progresses, well, you’re going to want to be in the SharePlanner Trading Black for that.
Here’s my watch-list of long setups I am following:
Here’s my watch-list of short setups I am following: