"November has historically been a lucrative month for the S&P 500." Nate Bear, Lead Technical Tactician, Monument Traders Alliance With earnings season in full swing, I have one stock on my watchlist that I'm looking to trade heading into next week. The company is Automatic Data Processing (ADP). ADP is an American Provider of human resources management and software services. Right now it has several stacked squeezes according to my S.A.M. Scanner, including an A+ squeeze on its 130-minute chart. Plus, it has earnings coming up next Wednesday, Oct. 30. The idea of this trade is to try and run higher into (but not through) earnings. |
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