Our second Rocket Wealth signal of the week just alerted us to a new position to take.
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Our second Rocket Wealth signal of the week just alerted us to a new position to take.
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The trade on Costco Wholesale Corporation (NASD: COST) is close to our target ROI – and by the time you are reading this it may be there. ... Read More »
Our featured Rocket Wealth trade signal is on Costco Wholesale Corporation (NASD: COST). ... Read More »
The big three indexes may have based and bounced a bit last week, but they haven't regained and closed above their 50-day Simple Moving Average that has acted as a support for much of this year.
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The NASDAQ has held up well despite the Dow's pullback and we will go with a bullish setup from that index. The other bullish setup is on an ETF that tracks the S&P500 and see if we get a bounce and its Money Calendar pattern plays out again this year.
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Two of the trades in our open portfolio dropped lower with the market this week.
I think it is best to exit these positions and set our sights on trades coming up on Monday.
Here's what to do...
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Not all that long ago, people thought growing old was something you did, even as your money went along for the ride.
That's not the case these days, though.
The coronavirus has changed damn near everything we know about living, loving, and investing for a future many of us once took for granted.
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The Green Trade that we placed this week on Costco Wholesale Corporation (NASDAQ: COST) worked out really well, really fast.
COST hit our profit target in only a matter of hours, but the market turned around quickly, so we waited to send an exit alert until now.
If you had your exit strategy in place and got out on Monday, I want to congratulate you on a successful option trade!
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I sent an alert at the end of the day on Friday saying that we would be looking at a bearish trade setup for today.
The bearish trades that were on the table then didn't fit our parameters this morning. We have one new trade today, but fitting in with the Money Calendar's historical patterns, it will be a Green Trade.
I am going to continue to keep a close eye on the market, and will update you as soon as I find any more viable positions.
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Let me wish you all a very Happy Thanksgiving! The Bartons will have a full house, with both of my children returning home and all my wife's siblings, plus everyone's significant others. I'm cooking one turkey and smoking another one, so I'll be having a great time in the kitchen. In our next survey, in addition to trading data, please tell me how you celebrate Thanksgiving - and don't leave out the mouthwatering food details!
I'm thankful to have you with me on this journey, and I'm excited that the markets are shaping up to propel our profits. On to today's trades...
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