Market Closes Early

Market closes early today, don’t forget to make adjustments to your portfolio if you need to. DIS is trending very nice, working slowly to break through the grips of $142.60. KO closed higher yesterday to challenge the recent tops. Green on both DIS and KO. PFE is also showing us the money and challenging the recent tops. TLRY is down, but we are still holding above our stop and the current chart pattern. I was expecting a better job from X; it is still above my support line for now. A few stocks we are actively trading and happy to share them with you. Note not all trades are for everyone.

Have a Great 4th Of July Weekend!!

Pre-Market Thoughts

Market closes early today to and closed all day tomorrow. I seriously doubt today will be much more than chop while most traders are heading out of town. I SPY closed pretty good yesterday, and the futures are pointing to a higher open today. The bullish J-Hook is looking good. Now the bulls just need to keep it going. Let’s keep in mind the SPY 300 mark is only about 5 points away, that could be what the buyers want; we just need to mind the chart and keep track of price action. The VXX showed zero fear yesterday, I think that the chart is already on vacation.

Have a great trading day – Rick

The LTA Alert Scanner and TC2000 are my tools of choice WHY? Because they work!.

Rick and the HRC Members kick off the trading room starting at 9:10 Eastern We review the market, and today’s trade ideas.  

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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The LTA Scanner can filter out charts that are trending, up or down and alert on charts that have Candlestick signals and patterns, western patterns and when indicators, such as MACD, Stochastics, RSI or Bollinger Bands have crossed or reaches the desired level. 😎 One of my favorites is the T-Line Band Scan. The right tools for the job.

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