Link coin August 2020 wath for 50 ma and trendline support
watch airlines on country re-open AAL DAL LUV SAVE
watch down trend resistance and support at 24 k tariffs in play, keep eye out for GDP and job news - waiting for narrative change in market
Watch move up against trendline. Could hit R2 pivot by June, if uptrend develops.
*Potential* Long trade for this week. Note that the AAPL WWDC is today and any real news to set off the fireworks will put this short term trend line to rest. A quick n' easy buck.
For sale is a cheap Utility called EIX notes are listed below, an easy trade back up to ceiling/support. - 2.86% yield (3.3% 5yr AVG) - 10.1 FrwdPE - 9.5PE - 1.9PB - - DCF Valuation @ $54 - Easy Trade - *NOTE* There is still some downside potential if the sector (XLU) doesn't catch a break next week. - Conference call Today boardvote.com
I posted last week that the market looks to trade somewhere in the box of 1600 to 1675, until further action. At this point this hasn't changed, and if the jobs # holds up on 6/7/13 we could see a test of the downside trend to the upside. Ultimately for the second week of June this market is a place for traders, invest in equities off your own valuation &...