Challenging week last week with all the chop going on in the market. Things could continue to be challenging next week but as long as you have a plan and you stick to that plan you should be able to navigate through it without to much difficulty.
If this was be easy everyone would be doing it. It takes getting through challenging times like these that let you know you have what it takes to make it in this trade. Stay focused, do not trade on emotion, protect your capital and book profits.
Here is this weeks video watch list link
http://www.screencast.com/t/w0tU09t00OKD
In this weeks video I go over my take on the markets and the following stocks
$ECTE, $ARAY, $EXTR, $OTIV, $ZIXI, $PRAN, $IDIX, $OSIR, $LEE, $FREE, $IMMR, $GIG, $GTAT, $OEH, $CTRL. $URG, $BCOV,$MGM
“Carry overs” are stocks that I have featured in prior videos,
have on my alert list or tagged on my morning mover lists that still have a
potential setup working or developing on the chart that may be actionable. They
are still on my radar and I am either already in with a swing or I am looking
to enter on a breakout. I am also looking for the setup to breakdown at which
point it will discard it from my hot watch list. If I am already in it with a
swing I am looking for a place to scale out or exit the trade and on rare
occasions I may be adding to my position. Typically I like to sell into
strength
Today's Markets:
In Asia, Japan closed. Hong Kong -0.3% to 23190. China flat, India closed.
In Europe, at midday, London +0.4%. Paris +0.3%. Frankfurt +0.3%.
Futures at 6:20: Dow +0.1%. S&P +0.1%. Nasdaq +0.3%. Crude +0.1% to $94.67. Gold +0.1% to $1314.
Ten-year Treasury Yield -2 bps to 2.62%.
In Asia, Japan closed. Hong Kong -0.3% to 23190. China flat, India closed.
In Europe, at midday, London +0.4%. Paris +0.3%. Frankfurt +0.3%.
Futures at 6:20: Dow +0.1%. S&P +0.1%. Nasdaq +0.3%. Crude +0.1% to $94.67. Gold +0.1% to $1314.
Ten-year Treasury Yield -2 bps to 2.62%.
Today's economic calendar:
No events scheduled.
No events scheduled.
Notable earnings after today's close: AEIS, AEL, ANAD, APC, ARI, AWR, BDE,BGC, BKH, BRE, BSFT, CENX, CF, CHMT, CLDT, CRK, CRZO, CSOD, DDR, DNB,DRYS, ED, ELNK, FST, GDP,GIMO, GSM, GST, GTAT, HK, HTZ, IPXL, JMBA, LF,LGCY, LMNX, MDR, MNKD, MR, MRO, NFX, NGLS, OMI, OTTR, PAA, PIKE, PKT,PNG, PPO, PXD,QLYS, RKT, SAAS, SB, SBAC, SGY, SNCR, STAG, TDW, THC,TPC, UNM, VNO, VOLC, WFT, WMGI
Good luck trading today !!
No comments:
Post a Comment