Rick’s Featured Trade Ideas
Today’s featured trade idea and my personal trade plan
GTN Long
Conditions: Inverted H&S |J-Hook | PBO Bullish Engulf
From a bull’s eye:
The SPY was able to close off its lows yesterday after the sellers had taken what they wanted. The overall chart pattern still suggests the buyers outnumber the sellers, but as I mentioned last week, I am seeing a few cracks in the ice so let’s walk carefully. Keep looking for the good chart setups and profit into strength. $226.60 is a line the bulls need to defend.
Leading Industries the past 10 days
Aluminum, Semiconductor Memory, Data Storage, Rental & Leasing Services, Copper
The ETF – GLD watching for a close over the T-Line, On our buy list.
Double Digit Gainers
We have 5-15 double-digit trade ideas every month. A $4000 investment in CSX would have put $1,080 in your pocket.
Member’s Stock Picks Below
Members Daily Trade Ideas. Be aware of sudden market changes!
Today’s stock picks are reserved for subscribed members
Members Daily Trade Ideas. Be aware of sudden market changes!
Today’s stock picks reserved for subscribed members
Symbols from TC2000
LPG
CVEO
CRNT
ERY
THS
GTN
ASM
PRAA
SANM
AVID
INFN
These are the stocks I put on my watch list to trade. I focus on these stocks for Swing Trades and the potential 10% – 40% gains. You must follow your trading rules for entry stops, profits or losses. Remember to check for earnings!
Keep your eye on the inverse ETF’s They trade well!
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