Wall Street Nole’s Morning Stocks to Watch for Day-Trading
“Oh, the best part of waking up…”
Tis the season for special dividends! I’m all over these plays and you should be too.
Another gap up today with Asian and European markets trading up as well yesterday and this morning. Don’t forget the Fed will be announcing results from the FOMC meeting and we will even get a press conference from Big Ben!
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 | $WNR- I’ve been learning to be very patient on the dip buying for the special divy plays. WNR announced a 1.50 special divy, payable on 12/28 to holders of record on 12/21. As usual I’ll be dip buying these suckers! |
| 2 | $NFLX- Had it’s ratings lowered by Moody’s due to concern of the fixed cost streaming model. NFLX has had a decent run into the 80 and some retracement would not surprise me here. |
| 3 | $ ANF- Slowing down or simply resting for a move higher? Watch the 48 spot and do not be surprised if it tops or fakes out. |
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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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