Long, Short, or Flat?
As we come to the end of quarter shenanigans, armed with the knowledge that steep declines tend to magically happen this time of year, what’s the ideal portfolio look like? Let’s take a look.
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As we come to the end of quarter shenanigans, armed with the knowledge that steep declines tend to magically happen this time of year, what’s the ideal portfolio look like? Let’s take a look.
Now our next question is IF this is another opportunity for buy entries or not … the update discusses these parameters.
We have fills in the ES and EUR/JPY, the USD/CAD hangs on and offers another opportunity, and what do we do with the EUR/USD now??? Take a deep breath. I have answers.
Even when I am watching price action move in a direction that is not follow-through, I am still looking at opportunities to enter trades. Even when I am playing defense, it’s really offense. New entries in the euro, pound sterling, AAPL, intraday Nasdaq, and crude oil.
The Nasdaq led the way lower on Monday while the S&P held immediate support and the Russell made a new high. Clearly we have some divergences in this market, and looking at the best sectors to participate in now will make all the difference into October expiration.
We also have about 5 or 6 other interesting setups in the update to focus on.
Stocks and ETF Update 8/23/2017
What positions am I into the weekend? And what we did we close out today? Check out tonight’s video.
The past few trading sessions have been volatile and both sides have seen their fair share of squeezing. What’s the big picture here, and how we can start getting prepared for the next run of earnings? Let’s review in tonight’s video newsletter.
Stocks and ETF Update 8/22/2017