Markets Tug-o-War: Trading Insights Inside
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Good evening, Gang – Jeff Bishop here!
It’s been a tug-o-war for markets the last few days.
We have seen some very wild swings in both directions, but I am very encouraged by how today’s trading went.
If you joined me in the 2pm LIVE session, you saw that I opened a new trade to the upside on QQQ.
This chart shows the main reason I am starting to buy stocks again…
You can clearly see that things have been erratic lately, but today the market stabilized and held above the crucial 20-hour average.
While I can’t say I am a huge fan of buying stocks at these levels, I have been trained not to ignore breaks above that level.
I started a couple of new trades, betting that this will continue, and hopefully, that will prove to be the right move for the rest of this week.
There is one new trade that I am pretty excited about headed into tomorrow though.
I’ll share all my thoughts with you about it tomorrow at exactly 9am EST, before the market opens.
All you have to do is hit this link at that time, and you can try to get first crack at it!
Here’s the low down though.
This is a brand new idea that popped up for me recently. I have never shared it with anyone else yet.
I have been patiently waiting for a reversal play on this oversold drone tech company, and I think I just found the perfect spot.
Check out this chart below, and you’ll see how it just bounced higher and appears to be “coiling” before the next move (hopefully higher!)
I have been digging into this company all afternoon and I have to say it is one of the most interesting stocks I have come across in a long time.
I have a lot to report on it, along with the specific reasons why I love it right now.
Be sure you check your inbox before the market opens!
Or better yet… make sure you are getting my mobile alerts!
That is the best way to get all the details right away when I have a new trade coming up.
If you are not on that list, all you need to do is whip out your phone and text the word “RAGE” to 1- 888) 404-5747
Then, you can be at the top of the list when I have a hot new idea that drops (like tomorrow!)
Have a great night, and get ready for a BIG day tomorrow!
To Your Success,
Jeff Bishop
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