Good morning all.
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If you want to learn how to trade hands on using the watchlist and Spectre’s methodology, check out the Two Hour Trader Program
Previous Watchlist Highlights
You can find great potential trades based on the watchlist. Combining price action, watchlist levels, and option flow can yield great results. Here are some highlights.
TIP: Pay attention to the tickers you don’t normally see are added to the list, usually outsized results can be found.
Boy was I wrong about a rally after profit taking dip yesterday. Was completely unprepared for yesterday's downside, but thankfully, waited for long setups which didn't materialize in morning. So far charts are setting up for more selling. daily looks ugly. That said for most of 2020, on any day SPY sold off 500-800 points we had a rally the day after. Let's see what today brings. Overall mentally preparing for both scenarios. Overall feels like risk off happening. short list today
Post Earnings Plays
if you want an idea of how to trade the watchlist checkout https://youtu.be/L94u8bHZUk4THIS POST AND ALL CONTENT ON THIS SITE REPRESENTS OPINIONS ONLY AND PROVIDED FOR EDUCATIONAL PURPOSES ONLY. CONTENT SHOULD NOT BE CONSIDERED ADVICE OR A RECOMMENDATION TO BUY OR SELL A SECURITY. PLEASE SEEK ADVICE FROM AN INVESTMENT PROFESSIONAL.