After a wild ride like today, I chose to do an end of day video so that we can all step back, gain perspective and ready ourselves for the next big move. Today, scalpers and daytraders had fun, but for those of us who want to mini and/or swing trade, given current market phase, having a plan that realistically looks at the risk versus the reward is the essence of what this service is about.
All the picks covered in the video are listed below:
Nothing that Reports Next Week, Have Slingshots, or Oversold/Overbought RSIs
Longs:
Category 1
JWN
V
Category 2
WFM
Category 3
CREE
HLF (Reports 4/30)
HUM (Reversal only reports 4/30)
LNKD
PNC (Reversal preferred)
Category 4
ACN (Cond 4)
SWI (Not oversold or Condition)
Other:
CF
YOKU
Shorts
JOY
ANF
BTU
FSLR
MOS
SLV
CNQ
TIF
PRU