Here are my afternoon investing strategy notes for May 8 2015.
The big bounce on the unemployment numbers is overdone in my opinion but it is important to trade what is unfolding and not what I think should be happening. I will write more about the rally this weekend.
For now here are my afternoon investing strategy notes along with the 3 trade strategies I will be focusing on if the rally should continue into next week. I prefer strategies that keep my capital protected first and put in place a cautious outlook rather than just jump into the rally.
These investing strategy notes are for USA members. Included in the notes are 5 trade ideas for stocks that today I have either entered or are partly filled on or are trying to get fills for. All trades are still practical in my opinion and setups still look good. If there is more weakness next week most of these trades will have better fills in my opinion.
Afternoon Investing Strategy Notes and 5 Trade Updates for May 8 2015
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