Arete Thursday Newsletter.
Retail out. Institutions in.
Retail out.Institutions in.Today some trading platforms decided that in the best interest of their clients they should not trade certain stocks. To be clear you were told what you could buy or sell with your own money. If you belong to a trading platform that did this today.You need to find a new one immediately.The trading platforms stopped retail from buying but let the institutions trade without the same requirements.We had massive swings today and the reason for the sell off is related to closing positions allowed but opening positions in certain stocks to institutions only. Therefore selling pressure was inevitable.Institutions recognize this and simply get out of the way and let the stocks drop so they can buy what they want cheaper. Focus on what you can control.
The $QQQ continues to be the leader acting well testing the 21 day but not breaking and holding onto its gain despite the volatility. The $SPY tested its 50 day moving average and rebounded nicely. I expect this to grind higher as we have mentioned in the past. the $IWM presented us with an opportunity. We doubled tapped the 21 day and support. This allows us to consider putting back on the $TNA trade we were recently successful on.
You will notice when reviewing stocks We were stopped out of quite a few longer winners for a large gain and some stopped at a small loss. Note the differential in those figures. That’s is one part of the process that will increase your success.
Lets look at our Indexes!
Lets Look at our stocks !
Subscribe to You Tube! đŸ‘ˆ Subscribe and turn on notifications.There are several ideas in the one posted today. $NIO and $RIOT are especially interesting.
As always all investment decisions need to be made by the individual.We all have different risk profiles.No two people trade the same.
Please make sure you follow @Aretetrading on Twitter and turn on notifications.There are times my updates are timely in regard to the Newsletter.
*For example there were key entry and exit points on several stocks during a volatile week.You can see the time stamps.
If you do not see a position and have questions please message me.
Thank you again for all the messages telling me how this Newsletter improved your performance and made you a better trader.
Lets Finish Strong !
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