Wall Street Nole’s Morning Stocks to Watch for Day-Trading
“Oh, the best part of waking up…
Market volatility is baaaaaaaaackkkkk!
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 | $CLF – This stock put two green days in a row in on Wednesday and Thursday and is desperately trying to come off the bottom for a dead cat bounce. See if the $25 level holds and if this can pick up momo intra-day. |
2 | $GMCR – Some of the splash zone members have this as a longer term swing and it’s “ripe” on the Daily. Intra-day action is also reminding me of the GMCR of the golden days. The range is their for the day trading with a bullish bias. |
3 | $NAV – It’s day 2 and this stock continues to churn higher. Take a little bit of size off this trade and look for good entries. It’s up another 3% in PM today off JPM upgrade. |
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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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