Wall Street Nole’s Morning Stocks to Watch for Day-Trading
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 | $KORS – Everything will be gapping down at the open so I’ll be looking for choppy stocks that are not trending. KORS is a great starter as it’s had trouble taking out $60 last week. |
2 | $JOY -That is one ugly duckling on the daily and I like it’s chances to churn lower today with the market. Watch a break of $61 near the open and see if it can pick up momentum form there. |
3 | $ARMH- Despite market weakness we may see a bounce today out of ARMH. On Friday this stock trended down the entire day with out one step of a pop to the upside. Some investors may see this as a value play. |
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Emotional trading will destroy one’s portfolio. Aiming to hit home runs with every trade is a sure sign that the trader is overly emotional and only cares about fast money. In this podcast episode Ryan explains how chasing after stocks like MicroStrategy (MSTR) without a plan for managing the risk can ultimately ruin a trader’s attempt at being a successful swing-trader.
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