The US market had 4 trading days last week because of the Presidential funeral. The week started strong on Monday trading to 26000, Tuesday selling day with no trade Thursday and Friday sell off continued and we ended the week at 24388 points.
We are technically at support 24250 points, we have had this support severally this year at 24250. Monday this week looking at the pre-market data we are down indicating the market will seek to open lower and if the support does not hold the DOW could trade down to 23500 points.
Continue reading “High Probability Trade Setups”
Today I want you to learn a trick to buy, sell, cash out and repeat. This will show you techniques that builds on some core concepts that active traders used to buy stocks, sell, cash out and repeat the process. I will seek to quickly review cash flow, discuss stock predictable patterns, the process and practical strategies to utilize the process.
The learning outcome of today’s post is to show you how professional traders make cash flow by simply trading the market remember in the last post, we mentioned that cash flow is king.
Continue reading “Trade Stocks for a Cash Flow”
For those who are new to simply stocks and options, Welcome! and existing friends, welcome back.
I will like you to read the post to the end because the previous trading sessions of trading reflects unstable times and I will like to give you confidence as you trade in these times.
Continue reading “Predicting an Unpredictable Stock Market”
It is thanksgiving week in the US and believe it, it is that time of the year on Friday when everyone gets out to buy “BLACK FRIDAY”. Let us start the trading week this thanksgiving week with a market update.
The economic calendar, the US markets will not open on Thursday 22nd November 2018 because it is Thanksgiving Day and half a day trading on Friday 23rd November 2018 as market closes 1pm Eastern time. Wednesday 21st November 2018 will be a full day of trading but volumes will be low as many Trader will take time off for Thanksgiving. Continue reading “Stock Market Update and Weekly Trade Idea – 19th November 2018”