The market gapped down on the GOOGL, AMD and closed near its lows after the FOMC announcement. It doesnt look like he said anything new but traders had their fingers on the sell button today! Here is the full video if your skipping NETFLIX today
Federal Reserve Board – News & Events
Be cautious the next few days. We may retest the ATH breakout spots on the SPY & QQQ. If it holds there it should provide some clean entries.
We got some economic news tomorrow and friday also. Nothing as major as FOMC but still worth watching here as traders were skittish today. If your having trouble reading the general indices stick to the earnings plays. Guys look at even boring stocks like GM when it has earnings it really has some good movement. there have been so many of these type of plays every single day. You dont have to just sit and trade the big 7 stocks. There is a whole world out there!
This is what its all about if you want range your going to get it this week. We will be ready in the bulls chatroom to shred tomorrow bright and early. For those of you guys that want to check us out we do have a FREE TRIAL
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Symbols from TC2000 for tomorrows watchlist
NXT
PLUG
RUM
ALGN
FATE
BA
GM
ZIM
AXP
NUE
S
UPST
SNOW
