For Friday: It's been a choppy week as institutions decide on the next direction. It's also been slim pickings for plays. OPEX is tomorrow and we expect volatility to come back next week. Going into the weekend we will go light. However, from the OS Report here area a few symbols we like NVDA, LOW, [...]
For Monday: Welcome to OPEX week. Things could get a bit whippy early in the week and as we get closer to Friday we expect equities to slow down until the following week. From the OS report here are a few symbols we like: NVDA, CRM, RBLX, FCX, and ABNB. Have a great Monday.
For Friday: The grind higher is full-on. Welcome to the summer trade. As we go into Friday, adjust risk. From the OS Scan, here are a few symbols we like: CLF, MRNA, BA, and for a bonus, DIS. Have a fabulous weekend!
For Thursday: The waiting game continues for traders. August is shaping up to be a normal late-summer environment. As a reminder, take a look at MRNA. It's good to sell into the strength. If you maxed out the position, it's ok to cover for .05 if you can. Either way, know when to cover. Rarely [...]
For Wednesday: The market gave a little back as the uncertainty of COVID, inflation and QE continues to grow. As a reminder, at these levels, it is good to sell into strength and adjust risk. From the OS Scan here are a few symbols we like: CMCSA, RBLX, JPM, CAT, and as a bonus NVAX [...]
For Tuesday: The market is winding tighter and tighter. We expect it to resolve soon, but how soon? With OPEX coming up in a couple of weeks the markets could move away from balance but return as we get closer to OPEX. Patience and risk management are key! From the OS Scan here are a [...]
For Monday: The first week of August trade is in the book. So far it's acting like a normal August...slow and boring. The S&P started to break out of its balance range but didn't explode. To sustain the brake, volume and momentum will need to show up. Also, financials are picking up, so we are [...]
For Friday: The markets started heading north today lead by tech followed by a late-day S&P rally that flirted with ATH's. The big question is will the NFP number help the market start another leg higher? Regardless, Fridays are a great day to clean up positions and set risk for the weekend. From the OS [...]
For Thursday: It was another quiet day on Wall Street. It feels like the market is waiting on the NFP number Friday. Regardless, keep managing your risk and ring the cash register into strength. From the OS Scan here are a few symbols we like: RIOT, SQ, CHWY, and NVAX. Have a great Thursday!
For Wednesday: After a weak morning trade, the indexes exploded higher on volume and now look to break out of the consolidation. Tech flexed its muscle and lead the way. If tech can today's gains, we could go higher. From the OS scan, here are a few symbols we like: VALE, NVDA, SKX. And TSLA [...]