Trading Watch List 08.02.2017
Slow mid summer trading continues as SPY stuck in a range again. Not much trading action couple of hours after the open and action mostly on earning news related stocks. We are mostly focusing on earning news names …
Slow mid summer trading continues as SPY stuck in a range again. Not much trading action couple of hours after the open and action mostly on earning news related stocks. We are mostly focusing on earning news names …
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Video: https://youtu.be/FwB1GGmsBc4 SPY was flat as QQQ closed below the old high triggering the “failed breakout” setup (see video). I used the trigger to enter long inverse ETF SQQQ, which shorts the Qs when you go long. Biotech also showed some weakness while commodities and financials were strong. Focus List: FB, AMZN, GOOGL, NVDA, SNAP, STRP, DWCH, …