It's Been A Great Week For Stocks
Hey traders, It's been a great week for stocks. Hopefully you've using the chart setup I gave you in this video a while back. If so, look at SPY. It's been making new 52 week highs. This is very significant — and very bullish. But how many of the stocks in the S&P 500 have made a new high? You'll find that it's just a handful of stocks pushing the index higher. But a rising tide lifts all boats… | |
Using that chart setup I told you about, check out SPY, QQQ and DIA. I think you'll find something interesting. Especially if your platform lets you compare all 3 on the same chart. Which one is up the most? And which will go even higher? In the meantime, hang on to some stuff you have that's in a profit — you can even use that stock to create an income strategy, because options premiums are still sky high. If you want to find out how I've been doing it for decades now, watch this video. Trade well, | |
Jack Carter Jack Carter Trading | |
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