2:35
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We had a busy day today...
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Closing out of three trades and opening a fourth.
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As I speak, all of the major markets are set to open slightly higher, all up by about a quarter of a percent...
This doesn't tell the whole story, however, because they werein fact down by more than a half of a percent late last night. Volatility is coming back into the market, and this is great for the potential success of today's Trade Sheet.
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It's our most lucrative day of the week: Friday!
And as I speak, all of the major indices are set to open slightly lower than yesterday's close as they digest this week's gains. The S&P is set to open lower by 0.75%, and the Dow is about 200 points down as I type.
We see more volatility ahead, and today's Trade Sheet agrees, with a good mix of long and short patterns...
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As I speak, all of the major markets are set to open at their lowest levels all week, with the S&P and NASDAQ down by 1.5% and 1.25%, respectively. That's 500 points down on the Dow!
This is the type of volatility that can make our flashpatterns perform extremely well, and with that said, today's Trade Sheet leans very bearish, with a few bullish patterns to round out the day.
We're targeting profits on four of the top patterns of the day, one bullish and three bearish.
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Stocks are off to a bumpy start as we kick off one of the most active weeks of this earnings season, with the S&P and NASDAQ both set to open down by 1% - that's about 300 points down for the Dow Jones.
This latest drop comes on renewed coronavirus fears as well as more news coming out of Washington with fading optimism on a new stimulus bill.
We're expecting to see more of this type of volatility as stocks like , Amazon.com Inc. (NASDAQ: AMZN), Microsoft Corp. (NASDAQ: MSFT), Facebook Inc. (NASDAQ: FB) , and Advanced Micro Devices Inc. (NASDAQ: AMD) report earnings this week - all names frequently seen on our Trade Sheets.
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Stocks are rebounding from yesterday's selloff after President Trump urged Congress to pass a stand-alone bill that includes $1,200 stimulus checks as well as additional airline stimulus.
Still, the market's set to only erase half of its losses from yesterday's top, right before the President abruptly halted stimulus talks.
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Yesterday, I sent you a Pre-V trade on wireless communications provider AT&T Inc. (NYSE: T).
Now, the stock dropped midday, leaving our fill price just out of reach.
As a result, we didn't get in on the trade. But that's no problem, because the V3 system is always looking for new trades - and it uncovered an even better one today.
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Earnings season is upon us and communication giant, AT&T Inc. (NYSE: T), has a compelling earnings pattern that will give us a nice seven-day low-risk, high-probability profit. ... Read More »
This morning, AT&T Inc. (NYSE: T) dropped further, signaling a V3 exit alert.
So, let's cut our losses on T so that we can move on to today's trade!
Here's what to do now...... Read More »