SELL SOMX $2.68
SELL RAD $1.59
BUY NVAX $5.91
Markets traded fairly flat today but closed higher. Daily candles on the major US indices have been forming doji stars, where the opening and closing prices are relatively the same. This indicates that a reversal or some sideways trading may occur so be aware of a pullback should you see a confirming key reversal down day. It is nearing the end of August and going into September, which has historically been one of the worse trading months, I would be raising a bit more cash here and executing more short term trading. What I mean is take profits quick if markets rally and cut your losses fast should you see the markets reverse. I will be looking for some short opportunities and I have some on my watchlist, which I will be sharing with you in the next few days. I will also be trading breakouts in this market as many stocks I find are still breaking out of good trading ranges with +15% returns intraday!
Long watchlist: NVAX, ZQK, REXX, NUHC, XTEX, PQ, TSTR
SELL RAD $1.59
BUY NVAX $5.91
Markets traded fairly flat today but closed higher. Daily candles on the major US indices have been forming doji stars, where the opening and closing prices are relatively the same. This indicates that a reversal or some sideways trading may occur so be aware of a pullback should you see a confirming key reversal down day. It is nearing the end of August and going into September, which has historically been one of the worse trading months, I would be raising a bit more cash here and executing more short term trading. What I mean is take profits quick if markets rally and cut your losses fast should you see the markets reverse. I will be looking for some short opportunities and I have some on my watchlist, which I will be sharing with you in the next few days. I will also be trading breakouts in this market as many stocks I find are still breaking out of good trading ranges with +15% returns intraday!
Long watchlist: NVAX, ZQK, REXX, NUHC, XTEX, PQ, TSTR
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