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I have given in to the pressure. 🙂 After our normal market review, I will discuss some of the biotech stocks that are a bit higher risk, but have been seeing tremendous rewards (gains) lately.
SPX - The idea of a trailing stop is working well, but we are on day 31, so we are now entering the time for the general markets to begin to seek out a dcl. Lately dips have been sideways and downward as seen on this chart. Since that was an ICL that we just put in place, and this is a R.Translated daily cycle, holding on to anything that is not leveraged may be fine during the dip into the first daily cycle. Some people just ride out the dips.
Read MoreHonestly, not much is changing from the weekend reports expectations and the Tuesday update. The General markets are moving higher, The USD has put in an ICL, Oil dropped but Oil & Energy stocks are holding rather well, etc. etc., so today I am just going to cover a variety of ideas, including trade set ups and a trading idea that is a bit higher risk ... a real Mixed bag. Enjoy.
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