Wall Street Nole’s Morning Stocks to Watch for Day-Trading
“Oh, the best part of waking up…”
Happy New Year form the SharePlanner trading community. I hope it’s prosperous and successful for all.
Futures up big as SPY will have a huge gap up to set the tone for 2013. The opening price of the year is always a huge deal and I’ll be anxious to see if this gap up holds.
Check out some of today’s highly anticipated stocks to day-trade while you have your morning coffee.
Morning Coffee – Day-Trading Watch-List | |
1 | $HLF- This stock is squeezing causing a massive bounce play. With all the drama surrounding this stock it’s bound to be volatile. Watch the tape closely as it continues its move. |
2 | $DECK- This stock had trouble going up in the later part of Monday afternoon despite the market surging. I’ll be looking for any weakness today and possibly take a couple short stabs at it. |
3 |
$ZIP- I wanted to put a wild one on the list this morning. Zipcar was just bought out by Avis for 5,000,000 in cash. The stock is up almost 50% in PM trading. |
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In today's episode, I explain whether it is a good idea or not to rapidly increase the size of your portfolio if you come across a sum of cash. A lot of traders will do this without ever recognizing the emotional toll it can have on you as a swing trader and the awful mistakes you can make in doing so.
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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.
