You can’t make this stuff up!

You can’t make this stuff up

You can’t make this stuff up!  While the market consolidates at record highs, the House votes to impeach the president while he takes the stage at a packed out campaign rally.  Thus far, the market seems to have taken the vote in stride as the bullish trend remains intact.  With several earnings and economic reports this morning, perhaps the market can find some inspiration to break out of the consolidation that began after the Monday morning rally.  However, with the Holiday’s just around the corner volume is likely to remain light after the morning burst of energy.

Asian markets closed mixed but mostly lower overnight, with the central bank holding rates steady.  European indexes trade mixed but slightly lower this morning after the Bank of England announces no rate changes.  US Futures have bounced around the flat-line this morning with an ever so slight bullish lean ahead of an economic calendar data dump. 

On the Calendar

On the Thursday Earnings Calendar, we have our biggest day this week, with 26 companies reporting.  Among the notable reports are RAD, ACN, CAG, DRI, SAFM, FDS & NKE.

Action Plan

As expected, the market wandered sideways in consolidation, waiting for some inspiration.  During the evening, the full House voted to impeach President Trump.  The tally showed that not one of the President’s party voted in favor of the impeachment with just a few from the opposing party not voting to impeach.  So far, the overall market has seen no reaction to the vote.  Overall the bullish trends remain intact and the bulls have the upper hand although there was a tiny hint fear with the VIX rising ever so slightly at the close yesterday.

After the bell yesterday MU reported better than expected earnings lifting the stock and this morning, we have a few reports that may help the market find some inspiration.  However, it’s more likey it will be the economic reports, Jobless Claims, Philly Fed Survey, & Existing Home Sales that will fuel the bulls or bears this morning.  With the Holiday’s rapidly approaching, don’t be too surprised if a morning burst of energy quickly fades into light and choppy price action.

Trade Wisely,

Doug

Impeachment, Healthcare, and MU

Once again Wednesday, markets made a small gap higher only to fade the gap in a small range.  The SPY (by 2 cents) and QQQ (by 16 cents) both eked out new all-time high closes again while the DIA closed down just 0.07% from its own all-time high close.  This action the last two days is certainly a consolidation and it does look a little bit “toppy.”  However, the trend remains bullish and breadth continues with T2122 now at 84.39, which is barely in overbought territory.

After hours MU beat estimates on both the top and bottom lines.  It also reported that it had now received all required licenses for supplying Huawei. This had been a massive overhang for MU, because the Chinese company is Micron’s largest customer.

Also, a federal appeals court ruled in favor of a petition supported by the Trump Administration.  They told a lower court that the “individual mandate” of the Affordable Care Act (Obamacare) was unconstitutional.  However, instead of striking down the entire law themselves, they ordered the original lower court to consider whether or not the whole Act, including coverage for pre-existing conditions, should be killed.  This “half a loaf” ruling virtually guarantees the case will be appealed to the Supreme Court (maybe by both sides) and is unlikely to be decided before the 2020 election.  In turn, this also means Healthcare and Health Insurance will be political hot topics again and that the longer-term Insurance industry outlook is likely to remain in doubt for at least another year.

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However, the biggest overnight news story was impeachment.  After another day of alternate narrative (reality?), the House voted to impeach President Trump on both counts (Abuse of Power and Obstructing Congress).  The next step will be to send the indictments to the Senate for trial.  Luckily for the President, Republicans have flat out stated they don’t intend to conduct a fair trial (as constitutionally mandated).  Instead, they say they intend to simply acquit the President of all charges. And they have plenty of votes to do just that since conviction requires a supermajority. To me, the interesting question will be Chief Justice Robert’s (who will preside) position on the Senate process and the idea of declaring a verdict before the charges or evidence is even delivered.

Thursday’s major economic news includes Weekly Jobless Claims and the Dec. Philly Fed Mfg. Index (both at 8:30 am) and Nov. Existing Home Sales (10 am).  Earnings before the open include ACN (beat on both lines), CAG (beat on both lines), and DRI (beat on earnings, missed on revenue).  Meanwhile, NKE reports after the close.

Overnight, Asian markets were all slightly in the red.  In Europe, markets are mixed at this point.  And as of 7:30 am, U.S. futures are pointing toward another slight gap higher of between 1/10th and 1/4th percent.

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With Fed rates on pause (and heavy QE underway), a phase one Trade Deal in hand, and earnings out of the way, there doesn’t seem to be many obstacles in the bull’s path.  Despite this, the rally has been on pause for a couple of days on consolidation.  All we can do is continue to trade the chart we get and focus on the swings.  So, continue to work the cliché…plan your trades, and trade your plans.  Keep taking profits without being too greedy, move your stops to protect yourself and wait for the trade to come to you (don’t chase).   

Ed

Swing Trade Ideas for your watchlist and consideration: NEO, PINC, THO, SKX, TWTR, CREE, SPLK, DXC, WCG, VXX. Trade smart, take profits along the way and trade your plan. Also, do not forget to check for upcoming earnings. Stocks we mention and talk about are not recommendations to buy or sell.

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🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

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DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Consolidation with no Fear.

Consolidation
Consolidate Word Combining Companies Consolidation Organization

The trends remain bullish but since Monday afternoon, the market seems very comfortable with the price level has slipped into a choppy consolidation.  With the VIX registering little to no fear and light earnings and economic calendars, we may see much of the same today.  News on Brexit could create some volatility. Although the market has largely ignored the impeachment drama, there is the outside possibility of a market reaction once the official vote occurs later today.

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Asian markets closed mixed overnight as the monitored Brexit developments.  European indexes are trading mixed and cautious on the revived fears of a no Brexit deal.  US Futures this morning hover around the flat-line, looking for some inspiration that may not occur until the bigger economic reports scheduled on Thursday and Friday.

On the Calendar

On the Hump Day Earnings Calendar, we have 15 companies stepping up to quarterly results.  Notable reports today include MU, PAYX & GIS.

Action Plan

Today the House is likely to vote to impeach the president with votes falling across party lines.  Thus far, the political has been little more than a distraction but we should not rule out the possibility of price reaction after the vote.  It may or may not occur but it’s better to prepare than being caught flat-footed in the heat of the moment.  Brexit is now back in the news as the Prime Minister risks a No Deal exit from the Euro block by the end of the year.  After the bell yesterday, FDX missed on earnings and guided lower as the bad blood with AMZN continues to grow.

With a light day of earnings reports and only the Petroleum Status number to react to on the Economic Calendar bulls and bears my find it difficult to find inspiration.  I would not be surprised to see light choppy price action continuing the consolidation that began Monday afternoon.  That said, the trends remain bullish, and with the VIX showing little to no fear the bears seem unable to mount much of an attack.  In this environment, stocks with momentum can continue to higher or lower but as always keep an eye on support and resistance levels for profit opportunities.

Trade Wisely,

Doug

Slow and Steady Santa Rally

Markets gapped slightly higher again Tuesday, then they proceeded to fade and end the day flat, if mildly in the green.  Still, as a result, all three major indices eked out a new all-time high close on indecisive candles.  The bottom line is that while the bulls maintain control, they do not show great enthusiasm. 

After hours Tuesday, FEDX missed earnings estimates and lowered their 2020 guidance.  This may reflect the feud with Amazon although they also blamed the impacts of China tariffs.  That said, it may provide some read-through to general economic activity.

Overnight the Auto industry saw a couple deals.  Fiat Chrysler and Peugeot signed a binding merger agreement.  This will create the world’s fourth largest auto company.  In addition, Isuzu bought Volvo’s small truck division.

Early this morning, the Mortgage Bankers Association reported that mortgage applications fell 5% last week as rates flattened out (stopped falling).  However, that number of applications remains 65% higher that the same week in 2018.  In addition, both GIS and CTAS reported a quarterly beat with revenues in-line with expectations.

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The only major economic news for Wednesday are Oil Inventories (10:30 am).  However, there will also be the House Impeachment vote (9 am), but that is not likely to be a big market-mover.  The only earnings of note after the close are from MU.

Asian markets were in the green overnight.  In Europe, markets are mixed, major labor strikes going on in the UK (Heath Service workers) and France (Transport workers).  As of 7:30 am, U.S. futures are again mixed on either side of flat.

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The Santa rally remains in place.  However, we are not seeing a raging bull run, just a drift higher at the moment. This is not necessarily bad, because it slows the rate at which we get over-extended. Despite the optimism, remember that markets move in a zig-zag motion.  So, the next pullback is not an “if” question, but rather a “when” question. Keep taking profits, moving stops, and trade your plans while we enjoy the Santa sleigh ride. 

Ed

Swing Trade Ideas for your watchlist and consideration: ALLK, NKTR, TGT, CLR, FTCH, GT, KBH, WLL, LYB, PSX, IMMU, CHGG. Trade smart, take profits along the way and trade your plan. Also, do not forget to check for upcoming earnings. Stocks we mention and talk about are not recommendations to buy or sell.

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🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Display of Force

Display of Force

In a display of force, the bulls rushed into the morning session seeming buying with both hands quickly pushing the Dow up 200 points.  However, about an hour into the day, a switch flipped and, buying fatigue seemed to settle over the market giving back half of the Dow gains by the close.  Overall breadth was strong as stock all over the market reached out to new 52 week highs and inking new record index highs.  With a light day on the earnings calendar this morning, perhaps the Housing numbers can provide some inspiration.

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Asian markets closed green across the board last night but European markets are trading modestly in the red this morning after their record-breaking rally yesterday.   US Futures traded in the red most of the night, and this morning continues to suggest a modestly bearish open ahead of earnings and economic reports. 

On the Calendar

On the Tuesday Earnings Calendar, we have 17 companies fessing up to quarterly results.  Notable reports include CTAS, FDX, JBl & NAV.

Action Plan

11 Pipers Piping

In the morning session yesterday it seemed traders could not buy stocks fast enough as the Dow surged more than 200 with good overall breadth.  Then suddenly it seemed we hit a point of buyer exhaustion and the rest of the day the market drifted sideways and south giving up 100 of the Dow points previously gained.  The strong breadth would suggest there is more bullishness to come but price action itself suggests a little caution with the Dow having left behind a shooting star pattern while the IWM appears stalled at price resistance.  The QQQ remained strong through the close, but the SPY printed a hanging man suggesting a little caution is warranted.

Perhaps we can find some inspiration in the Housing Starts number at 8:30 AM which according to consensus estimates, should remain strong.  Also, keep an eye on the Industrial Production and JOLTS reports.  Futures trading in the red most of the night and at the time of writing this report still suggest a modestly lower open, but that could easily change based on earnings and economic reports.  Although the price action is giving us contradictory signals, the overall index trend remains bullish, and thus far, the bears don’t seem to have sharp teeth.

Trade Wisely,

Doug

FDEX, Brexit, and China

Markets gapped higher and were volatile on the day with all three major indices ending at all-time high closes.  (SPY up 0.69%, DIA up 0.34%, and QQQ up 1.00%.) However, the SPY printed an indecisive Doji and the DIA printed a Shooting Star (or at least Gravestone Doji) type candle.  The bottom line is that while the bulls clearly have control, there are some warning signs.  In addition, T2122 is not in the overbought area at 83.46.

Among the major business news on Monday was that BA will halt 737 Max production in January.  This comes due to the delays in FAA recertification, the loss of new sales and cancellations of existing orders have been mounting.  For example, LUV (the largest US customer for 737 Max aircraft) canceled another month of 737 Max flights (300 per day), pushing the earliest they will fly those planes out again until at least April.

Another story was that the fight between FEDX and AMZN has heated up again.  It seems Amazon announced it will no longer permit Amazon Marketplace Sellers to use FEDX for ground deliveries, effective immediately.  In addition, AMZN has announced they will launch their own air delivery service, including 50 aircraft and an air delivery hub opening in Kentucky during 2021.

Overnight in the UK, British press reports that PM Boris Johnson is adding a clause to his Brexit Bill (which now has plenty of votes to pass).  The new clause explicitly rules out any extension of the transition period (the post-breakup period when trade deal was to be negotiated). This means the EU-UK trade deal must be negotiated, written and passed by both sides within 11 months.  While this sounds reasonable, it took the parties 3+ years just to agree to terms of the break-up and the trade deal has always been seen to be the much more complicated task.  The UK Pound fell one and a quarter percent on the news.

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More China trade deal details also came from China overnight.  It seems that part of their additional “Ag purchases” will be in the form of ethanol.  They will also reclassify all trade with Hong Kong to be part of the Chinese portion of the phase one deal.  (This Hong Kong move immediately wipes out $10 billion of their additional $40 billion in purchases from the US.)

The major economic news for Tuesday includes Nov. Building Permits and Nov. Housing Starts (both at 8:30 am), Nov. Industrial Production (9:15 am), and JOLTS (10 am).  The only earnings of note are CTAS and FDX, both after the close.

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Overnight, Asian markets were green.  In Europe, markets are mixed, but mostly in the red on the new hard EU-UK trade deal deadline.  As of 7:30 am, U.S. futures are mixed on either side of flat.  

The Santa Claus rally into year-end sure seems like a high probability.  However, we all know the market psyche is fragile and that we worry about extension at these highs.  All we can do is trade the market we are given and focus on short-term swings.  We all know market move in zigs and zags.  So, continue to take profits, move stops, plan your trades, and trade your plans. 

Ed

Swing Trade Ideas for your watchlist and consideration: CTXS, FIVN, CROX, WCG, ENBL, WWE, GRUB. Trade smart, take profits along the way and trade your plan. Also, do not forget to check for upcoming earnings. Stocks we mention and talk about are not recommendations to buy or sell.

SMS text alerts and reminders?👈

Check out our newest YouTube videos👈

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Small-Group Coaching

NWL Puts up 37.8 for us, KO Calls up 8% and we bought a little VXX today as well as CHGG. I know everyone wants a Santa Clause rally and we may or may not get one, you just never know.

But I do know if we stay consistent with our strategies and listen to the charts we can make our own Christmas.

Check it out Ed Carter will be hosting a small group (10 traders only) coaching class on December 28, 2019. Ed also asked if I would explain the steps I plan to take to double my “Road To Wealth” Account! Of Course, I said yes. Click Here to see More

Like I said only (10 traders max) 3 spots left, we are very serious about this. We want to keep it small so we can make sure you completely understand what we teach. Only 3 Spots Left

Rick Saddler

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Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Chart of the Day

Let’s look at another chart I found in the LTA scanner and we discussed in the trading room. We’ll discuss what I like about it, what potential I see and how I might trade it. If you aren’t already in the room, you might think about taking a 60-day trial for just $49.

DISCLAIMER: The stocks we talk about are not recommendations to buy or sell. You must evaluate the risks and rewards yourself. Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is financial or trading advice. All information provided is intended for educational purposes only. You are advised to thoroughly test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service

Sigh of Relief

Sigh of Relief

With a partial trade deal, no new tariffs, and the FOMC behind us, the market breathed a sigh of relief, setting new records in the DIA, SPY and QQQ.  Now the question is, has the market already priced in this good news, or will the bulls continue to find inspiration allow for a Santa Clause rally into the New Year?  Although the full House is preparing to vote on the presidential impeachment, it has thus far only served as a distraction rather than impacting this tenaciously bullish run.  As of now, the bulls remain in control, and the index trends continue to point higher.  As always, stay focus on price action watching for clues of change.

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Overnight Asian markets closed mixed but mostly lower even amid better-than-expected industrial output.  Across the pond, the Stoxx 600 hits new record highs in response to the US/China deal as European indexes see only green this morning.  Not to be outdone, the US Futures point to modest gains at the open ahead of several economic reports with PMI numbers the most potentially market-moving. 

On the Calendar

On today’s Earnings Calendar, we have 22 companies reporting quarterly results, but there are no particularly notable reports.

Action Plan

The nine ladies are dancing!

Friday was a day of wild volatility as the market reacted to the US/China trade news.  Removing the December tariffs proved to be a big relief to the market but as we learn about what’s in the trade deal, it will be interesting to see how the market responds.  Has the deal already ben priced in, or will it continue to inspire the bulls?  One thing for certain with new record highs printed in the DIA, SPY and QQQ on Friday the trend is up and the bulls at this point remain in control.

With just nine days until Christmas, trade deal, tariffs & FOMC behind us, the stage may be set for a Santa rally taking us right into the New Year.  One possible stumbling block is the impeachment process that may serve as a distraction but,  the market to this point has had little concern as the political drama heads to the full House for a vote.  As I write this note, the Futures point to bullish open ahead of manufacturing, PMI, & housing numbers.  Be careful chasing the morning gap by waiting to see if buyers follow-through to avoid the possibility of a pop and drop bull trap. 

Trade Wisely,

Doug

Lighthizer’s Trade Triple

Markets were indecisive Friday, as details and implications of the first phase of a US-China Trade Deal and the strong Brexit-affirming majority in the UK were being digested.  The SPY and DIA closed up 0.06% on Doji candles, while the QQQ closed up 0.33% on a Spinning Top candle.  In perhaps an outsized move, the VXX closed down 4.14% as a major source of risk was removed as an overhang.  T2122 fell back into the mid-range at 63.43.

Over the weekend, trade negotiator Robert Lighthizer made a lot of news.  In the first set of stories, Lighthizer acknowledged a series of concessions on the USMCA deal given not to Mexico and Canada directly, but to US Democrats.  To gain passage of the deal, USMCA now includes protections for labor, the environment and excludes some industry-specific prohibitions such as the Pharmaceutical Industry wanted to prevent cross-border drug purchases.

In the second set of articles, he gave more details on the Phase-One Trade Deal with China.  He said that while tariffs will be rolled back from 15% to 7.5% on $120 billion in Chinese-made goods, but that the 25% tariff on $250 billion in goods will remain.  Of course, all new (planned) tariffs were canceled.  Perhaps more interestingly, he also claimed the deal would result in an $80 billion increase (to $200 billion) in exports to China over two years.  However, he also said Chinese purchases of US Ag products would be $16 billion (not the $50 billion President Trump claimed Friday). Lighthizer said that plans are to sign the deal during the first week of January.

Lighthizer’s finale for the week was to break the WTO quorum by stopping the appointment of replacement members.  This essentially means the WTO is paralyzed and can no longer rule on trade disputes.  This gives every country the ability to do whatever they want on trade.  And with the US being the biggest economy and major superpower, we can continue to pursue President Trump’s protectionist/confrontational policies without any legal pushback.

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The major economic news for Monday includes Dec. NY Empire Mfg. Index (8:30 am) as well as Dec. Mfg. PMI and Dec. Services PMI (both at 9:45 am).  There are no earnings scheduled for today.  It is worth noting that Sunday night BA reported it was close to making a decision to either temporarily halt or completely discontinue production of the 737 Max.  It seems no FAA approval and order cancellations have seriously impacted that plane’s viability at least in the short-term.

Overnight, Asian markets were mixed and there remains uncertainty over the actual terms of the US-China Trade deal.  In Europe, markets are all bullish, with the FTSE up 2.25% (still flying the election is out of the way).  As of 7:30 am, U.S. futures are pointing to a gap higher of between a quarter percent (DIA) and half a percent (SPY and QQQ).

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The major economic news Friday includes Nov. Core Retail Sales (8:30 am) and Business Inventories (10 am).  There are no major earnings reports on the day.  

Overnight, Asian markets were mixed.  In Europe, markets are all bullish, with the FTSE up 2.25% (still flying the election is out of the way).  As of 7:30 am, U.S. futures are pointing to a gap higher of between a quarter percent (DIA) and half a percent (SPY and QQQ).

Impeachment will make news this week. However, with Senate Republicans not even pretending they’ll conduct a real trial, that story is unlikely to have any market impact.  So, with the Fed on hold and Phase One of a Trade deal seemingly done, a Santa Claus rally into year-end sure seems like a high probability.  We should keep in mind that we’re always just one angry tweet, comment, or unexpected news item from a pullback.  So, just remember we are at all-time highs and will likely be extended again soon.  Trade the chart we’re given, but don’t expect the trend to last forever.  We all know market move in zigs and zags.  Continue to take profits, move stops, plan your trades, and trade your plans. 

Ed

Swing Trade Ideas for your watchlist and consideration: BLUE, GGAL, AMRN, FTCH, AAPL, CHGG, PG, WU, FSK, KO, LOW, BURL, MLNX. Trade smart, take profits along the way and trade your plan. Also, do not forget to check for upcoming earnings. Stocks we mention and talk about are not recommendations to buy or sell.

SMS text alerts and reminders?👈

Check out our newest YouTube videos👈

🎯 Mike Probst: Rick, Got CTL off the scanner today. Already up 30%. Love it.

🎯 Dick Carp: the scanner paid for the year with HES-thank you

🎯 Arnoldo Bolanos: LTA scanner really works $$, thanks Ed.

🎯 Bob S: LTA is incredible…. I use it … would not trade without it

🎯 Malcolm .: Posted in room 2, @Rick… I used the LTA Scanner to go through hundreds of stocks this weekend and picked out three to trade:  PYPL, TGT, and ZS.   Quality patterns and with my trading, up 24%, 7% and 12%…. this program is gold.

🎯 Friday 6/21/19  (10:09 am) Aaron B: Today, my account is at +190% since January. Thanks, RWO HRC Flash Malcolm Thomas Steve Ed Bob S Bob C Mike P and everyone that contributes every day. I love our job.

Disclosure: We do not act on all trades we mention, and not all mentions acted on the day of the mention. All trades we mention are for your consideration only.

Free YouTube Education  •  Subscription PlansPrivate 2-Hour Coaching

DISCLAIMER: Investing / Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, its affiliates or representatives is not financial or trading advice. All information provided by Hit and Run Candlesticks Inc, its affiliates and representatives are intended for educational purposes only. You are advised to test any new trading approach before implementing it.  Past performance does not guarantee future results.  Terms of Service