I am continuing to place further trades today in a number of stocks. While the rally might be gone tomorrow, I think it shows us that investors are simply waiting for “good news” to jump back into stocks. That tells me the chance of this correction amounting to something bigger is slim. I realize the media might not like it as they love doom and gloom but for now I think much of the selling is drying up.
The rest of this trade alert and ideas article is for FullyInformed Members..
Afternoon Trade Alerts and Ideas For Aug 13 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.