ARETE NEWSLETTER
Wild week so far! 🐺🦁🐻
What a wild week so far. We have had the $QQQ make a new high at $348.18 and look to be setting up for more highs. The Software sector is on fire. $NET, $ZS,$ASAN,$ADBE just to name a few. The IWM, Russell 2000 is set for a rebalancing and can see massive moves in individual names. One way to benefit from this is to go through a list of additions and subtractions of the index. Usually the day they are added the stocks become muted. The same works with the subtractions just in reverse. The $SPY looks ready to make new highs after testing the 50-day moving average and running up to the 21 day was confirmation. Let’s get to it!
Let’s look at the Charts!
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As always all investment decisions need to be made by the individual. We all have different risk profiles.No two people trade the same. Understand the buy points, stop losses, trims are suggestions. You need to develop your own process. I am willing to help. If you have questions message me. For example, to stop losses, I like to see them close. That does not mean that fits everyone’s risk profile.
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Wishing everyone Massive Success
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