Even with news that the government shutdown drama is on hold until December, the Nasdaq rallied midday Thursday, only to puke about 100 points into the close before gapping lower at Friday’s open.
I wouldn’t call myself a bear, but when I see a weak market like this one — where the internals don’t add up — I don’t hesitate to point it out.
It’s like an engine swap in a Ferrari — it runs, but something clearly isn’t right.
But the saying goes, we can only trade the market in front of us...
So it’s best to stick with what works... And for us that means following institutional order flow, limiting our risk with position sizing and having the discipline to ride out the rough patches.
That strategy scored the Daily Profits Challenge War Room a win on Dollar Tree on Wednesday…
And that same tenacity tagged a triple-digit gain on Friday for Blockbuster Breakout Calendar!
No one wants to work weekends, we get it. But would that change if we learned that we're leaving thousands of dollars in potential profits on the table?
Probably!
Millions of traders, from Wall Street to home offices, grind it out Monday through Friday, waiting for the weekend.
From $4 to $700! A 4,500% Gain and Why Stop Losses Suck September 29, 2021
If there’s one risk management strategy that’s overrated, it’s the stop-loss order. Just take a look at these Dollar Tree options and see if you agree.
How to Profit From the Weekend Trade Watchlist October 1, 2021
Big money investors spend a lot of time and money to get a head start on the rest of the market and I’ve spent a lot of time figuring out their options trading secrets.
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