The Chart of the Day…
Very cool chart I saw on SocialTrade today.
Trades Made Today:
1. 2 Stops today
2. TTI Shorted/covered at $6.14 from $6.06 for a -1.3% loss.
3. Covered DRC at $54.70 from $52.38 for a -4.43% loss.
Quick Glance at the Market Heat Map and Industries
Notables:
- Basic Materials, Industrials, and Utilities looked solid.
- Technology has spots of weakness which is slightly troublesome.
SharePlanner Compass:
There’s a well defined channel that we are now trading in. May turn into a bull-flag breakout, but for now – its consolidation.
And of course…the RIDICULOUS!
Can we let this gal be a part of the next presidential debate. She would definitely add some entertainment.
Welcome to Swing Trading the Stock Market Podcast!
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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