Two days into the trading week with light volume and no new Monday Vaccine news. We had to wait till Tuesday. $PFE/$BNTX FDA published a paper about the Vaccine and it is starting to be administered in the UK. The markets continue to ramp up across the board. Larger institutions are putting money to work in Semis. biotech and software on the Nasdaq. Consumer cyclical stocks and discretionary spending is seeing a bid on the $SPY and Russell. This market keeps getting broader. $ARKG was mentioned Sunday night. Its AUM doubled and continues to make news highs. Look at the buys and sells of the positions for stock ideas. Tons of stocks are setting up for higher moves. We are also seeing a higher probability of being right on trades then in the past week. All this bodes well for the markets to continue their ascent.
Lets look at indexes
Lets follow up on our buy ideas
First as always each investment decision is made by each individual.If a stock is not on the newsletter and was previously I am done with it. If you are in that stock and have questions message me.
What I am attempting to do with this Newsletter is show a methodical process that can be repeated over and over again. The single greatest factor in determining your personal trading success is understanding your risk. You need to understand why you entered every single trade and what you can lose. Once I fully understood this concept my success improved exponentially.If you do not have an entry or exit strategy. Message me on twitter.
I am thrilled to get so many messages telling me about how this Newsletter has helped you. Thank you it’s truly inspiring and makes me want to continue. Its important to note that I am simply presenting the idea and you are executing it with your process. You have a process whether you even know it or not.
If you don’t know. now you know -Notorious B.I.G.
Happy Trading!
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