Rick’s Featured Trade Ideas

There will be no trade ideas until after the election, I feel it is too risky to be knee deep in the market right now. We believe in trading smart and smart money has backed out of this market. One of the hardest lessons for a trader to learn is you don’t have to be buying new positions every day.

Good Morning, Profit Traders,

SPY headed for the 200-sma on the daily chart – The election has the market selling off because of the unknown outcome or maybe the market knows? Either way just follow the charts. It seems very likely the SPY is headed for the 200-sma on the daily chart and 206ish is possible. Also looks like IWM is head for the 200-sma, while the QQQ’s are eyeballing the $113 area.
May of the members are in inverse ETF’s and doing very well right now, the market looks lower so I think I myself will stay with the inverse ETF’s
The VIX is showing signs of moving higher -over $21.60 the VIX could $32.20…Yikes, that’s getting up there.

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Members Daily Trade Ideas. Be aware of sudden market changes!
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No trade ideas, I am protesting until the market looks better.

Members Daily Trade Ideas. Be aware of sudden market changes!
This list is reserved for subscribed members
No trade ideas today – plan to pull from current list

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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