If you’ve had to take a trip to the gas station over the past few weeks, then you already know prices have skyrocketed…
But with higher oil costs also comes better prices for the top energy stocks.
I mean, the majority of analysts predict that crude oil prices will reach $100 per barrel this year. We’re less than 10% away from that level, which tells me the demand for oil stocks will be strong for the next few quarters…
Well, Joy of the Trade Head Trader Jeff Zananiri expects to see a chop shop! And by that, Jeff means a lot of big head-fake moves on the daily bar basis — but no extended moves either up or down.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
It all comes from isolating stocks making major overnight gaps. And there’s one trader I know who has already used these setups to score winners like 29%... 40%... and even 102% in just a matter of days.
Most people don’t realize that the majority of swing trading strategies can also be applied to day trading… And one of my favorites is the tail gap swing strategy.
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