New Long Setup: SH I BOUGHT SH at 11.43 My stop-loss: 11.01 My Target Price: 12.25 Risk Rating: 3.1
Trading notes: Yesterday's sell-off provided fresh concerns for market participants. But honestly, anytime you have a move in excess of 100 points on SPX to the downside, it should raise concerns, beyond that of a casual pullback. What we saw yesterday was a break down of two week range, along with the market leader, NVDA,
New long setup: SDS I BOUGHT SDS at: 22.41 My stop-loss: 21.40 My target Price: 26.00 Risk Rating: 4.1
Trading notes:Â It's becoming quite common these days to run the futures up prior to the market open. What has also been seen over the last two weeks is a regular smack down during regular trading hours of the pre-market strength. This makes the 30 minute rule for trading incredibly important as it will keep you
Trading notes:Â Today's focus for traders and investors alike will be glued to this evening's earnings report for NVDA that comes after the market close. The options market is predicting a significant move, and historically it has been to the tune of 8.1%, with the last earnings report generating a move of 9.3% to the upside.
Trading notes:Â It's never ideal to have no additions to the watchlist, but there are some interesting developments - yesterday we hit some serious overbought levels across some notable indicators, one of which being my own Stock Market Oscillator that hit +80 for the first time since late December. Yesterday though there were trade setups all