Good earning from GOOG couldn’t get market going yet again after the news came out that FBI was looking into Hillary Clinton’s email again.
Although SPY managed to close over key support and in range again, political uncertainty still remains and market doesn’t like uncertainty. So expect volatility and/or range bound action to continue till election. We are mostly trading earning news break out or breakdown stocks in chat room.Even in range bound market, news related stocks can provide nice day trading opportunities .Here is an example of an earning news trade that we took in chat last week.
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