In today’s trade ideas video I review trade ideas closed last week on Apache (APA), Chevron (CVX) and Whole Foods Market (WFM)…all of which were in the black. I then review 2 trade ideas that were entered and still open on Twitter (TWTR) and Visa (V). And last, I review a pending trade idea on Las Vegas Sands (LVS).
“Courage is resistance to fear, mastery of fear–not absense of fear.” —Mark Twain
The stock market paused today as it waits for the Jobs Report due out at 7:30am CT tomorrow. The consensus according to Econoday, is for 190,000 new jobs created. Oil pulled back again today and gold continued down.
In tonight’s video I look to see what the High Yield Bond ETF (HYG) is telling us. I also look at Las Vegas Sands (LVS), Transocean (RIG) and Newmont Mining (NEM). Today we closed a trade idea on Chevron (CVX) with a 77% gain in 5 trading days. Continue reading
The stock market is waiting on the Fed this week and China continues to produce weaker than expected economic numbers. This combination led to a down day on Wall Street and the most compressed day of the last 18 trading days.
The last time the market was tighter than today was August 18. That was the first day of a 6-day downdraft in the market. In the video below I review today’s action and look at trade ideas on LVS, FEYE, WFM and GS. Continue reading
In the Trade Ideas Video below I review trade ideas that were closed last week, 2 that are open on LUV and CAT. And a new trade idea on LVS. Continue reading
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