Another day of beating in momentum tech name while broader indices hold up. I am not sure how long they can hold up without help/leadership from technology names. Earning season in full swing,active traders should focus more on price action on individual stocks both long and short and picking the right stock to trade while SPY stays range bound. Watch list long ideas, INMD,CHWY worked well, short ideas TWLO, NFLX WORK,SHOP worked as well.
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Get 40% Off Our Live Trading Bootcamp
We don’t sugar coat it. Becoming a consistently profitable stock trader is easy, or an overnight process. That’s why our 60-day Live trading boot camp is designed specifically to help struggling traders overcome their weaknesses, and expedite their path towards profitability.
Early bird pricing for our next Live Trading Boot Camp ends November 1st, so hit us up ASAP to save your seat if you are serious about trading stocks for a living!