I strongly believe you should always be learning as a trader NEVER stagnant. I spent many years learning the hard way. I’d like to share some things that would have saved me a lot of heartache. No matter what you trade or how you trade YOU MUST KNOW which team is on the field. Offense or Defense? Which way is the wind blowing? Is the trend going up, down or...
Name Servicenow Inc Symbol NOW Price to Activate $357.01 Stop Loss $332.01 1st Target $385.57 2nd Target $428.41 The Market closed down today. The S&P 500 Index hit a new high. After hours NVDA is up over 6%. NVDA is up over 19% in our portfolio. Our stock pick for tomorrow is NOW. Have a great evening and happy trading! - Bernard
Name Paycom Software Inc Symbol PAYC Price to Activate @ the market Stop Loss 7% Below the Price Bought 1st Target Not Listed Yet 2nd Target Not Listed Yet
Name Novartis A G Symbol NVS Price to Activate $99.85 Stop Loss $92.85 1st Target $107.83 2nd Target $119.82 The Market continues to climb. Maybe stocks do grow to the moon. Our stock pick for tomorrow is NVS. Have a great evening and happy trading! - Bernard
Name Jabil Inc Symbol JBL Price to Activate @the Market Stop Loss 7% Below the Price Bought 1st Target Not Listed Yet 2nd Target Not Listed Yet Update on portfolio Sold 75% of $NVDA today for a 7.99% Profit. 25% still left on the table. $LDOS Stop Raised to $98.51 $MSFT Stop Raised to $168.25 $NVDA Stop Raised to $234.26 $MSFT Up ...
Although the Bulls are still in control and we are on offense, the chart of the S&P 500 Index shows some potential weakness and indicates that a possible correction could be just around the corner. The first area is in the Moving Average Convergence Divergence (MACD). We see the price of the S&P 500 Index has reached a new high, but the MACD lines are lower than...
Name Black Rock Symbol BLK Price to Activate $555.25 Stop Loss $516.37 1st Target $599.67 2nd Target $663.30 New highs were set in the markets today. Stick with the trend. Our stock pick for tomorrow is BLK. Have a great evening and happy trading! - Bernard
Name Square Inc Symbol SQ Price to Activate $81.69 Stop Loss $75.97 1st Target $88.22 2nd Target $98.02 On Monday I said "The Market went up today on tepid volume. I expect more selling." Well, the one thing that trumps volume is price action, and we got that on Tuesday. The Bulls don't seem ready to give up their horns yet. SQ is our stock pick for...
Bond Relative Strength is Now Stronger than Stocks. Also keep an eye on the 10 Week SMA. Stochastic < 80%? Please be cautious. The charts I want to display for my market updates won’t upload. If you want the charts message me your email and I’ll send them your way. Happy trading! Bernard
(I was not able to display the charts but I still wanted to share the information) The chart of the S&P 500 Index below appears to be showing the Index near or bouncing off of the 50 Day Simple Moving Average. This is not unusual action. In a healthy market oftentimes prices will go below their 20 Day Exponential Average. If the markets continue past there, then...
Name Franco Nevada Corp Symbol FNV Price to Activate $114.51 Stop Loss $106.49 1st Target $123.67 2nd Target $137.41
Name Clarivate Analytics Plc Symbol CCC Price to Activate $21.51 Stop Loss $19.99 1st Target $23.23 2nd Target $25.81 We saw a rebound in the markets today. However, I would have liked to have seen more volume. Volume is the fuel to identify how much conviction is in the buyers of stock. Our new stock pick for tomorrow is CCC. Have a great evening and...
Name D R Horton Inc. Symbol DHI Price to Activate $60.96 Stop Loss $56.69 1st Target $65.83 2nd Target $73.15 The Dow Jones 30 Industrial Average is now only about 0.55% away from the 50 Day Simple Moving Average. I would not be surprised to see that happen, maybe even tomorrow. Microsoft earnings will be released tomorrow. Microsoft is in our...
Institutions often refer to the general public as “dumb money”. That’s a phrase/disadvantage I’m working hard to eliminate with charts, analysis, education. I’m new to trading view but have been in the financial industry for 30+ years. As a trader you should always be learning and growing, never stagnant. It’s my experience that it’s not technical OR fundamental...
DaVita (DVA) might be considered for a quick trade. The earnings will be released on February 11, 2020, so there is not a lot of time left if you are going to take the trade. The fundamentals are fairly strong, so this may be one that you might want to keep in your arsenal. The stock gapped up on Friday showing that at least in the early morning of the market, the...
Name Axon Enterprise Inc. Symbol AAXN Price to Activate $80.85 Stop Loss $75.19 1st Target $87.31 2nd Target $97.02 Fridays action in the market saw selling with the Dow down over 300 points on its lows. Our new stock pick for tomorrow is AAXN. Have a great evening and happy trading! - Bernard