The stock market moved up sharply to open Monday trading before selling picked up... We’re not seeing any big warning signs to speak of from market internals.
The TRIN, or Short-Term Trading Index, has calmed down from its lower levels late this past week. Meanwhile, the TICK, which compares the number of stocks rising to the number falling on the New York Stock Exchange, is trending lower on the 15-minute chart, but we have yet to see extreme selling or buying.
But we are seeing a ton of headlines about energy prices as supply issues pushed oil above $81 per barrel over the weekend, with a boatload of names in the sector trading higher.
This is a story that will continue to develop through the winter. Like I said this past Wednesday, traders looking to jump in should wait for flat or down days.
The week ahead also marks the start of my favorite season — earnings season — as several of the world’s major banks are set to report.
But as much as I love to trade these events, I’m not a fan of playing bank earnings reports…
I’m getting ready to reveal how I spot trades with the chance to return upward of five times my initial investment — every single month.
Not only does this strategy protect traders’ portfolios from long-term volatility, but it gives them the chance to bank massive winners in just 24 hours.
With my Weekly Blitz Alerts, people can throw their old buy-and-hold strategy out the window. And forget spending hours reading through pages of earnings reports and squinting at stock charts.
To start collecting these 24-hour home runs, all one needs to do is follow my simple trading instructions the minute I issue a Blitz alert. It’s that simple.
How to Slash Your Risk By 75% With a Simple Option Spread October 9, 2021
Straddles and strangles are an easy way to risk a lot of money for a mediocre return. But a simple options spread can limit your risk and tilt the odds in your favor...
Why TRIN is THE Market Indicator to Watch Right Now October 8, 2021
Most of the key market indicators that were out of whack last week are back where they should be, but there’s still a red flag that more volatility could be on its way...
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "The Only 2 Bank Earnings Strategies Worth Using"
Post a Comment