I have to think a correction is coming in for these FANG+ names. Something’s gotta give eventually…
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We’re staying in cash once again today. It certainly feels like the calm after the storm right now. We will see if it can remain stable through the afternoon and into the closing bell. Regardless, there’s one thing way to come out on top in times like these.
In this Sunrise Profits summary, Greg shares his thoughts right as the market opens. Plus, gives two new trade alerts.
It was a great morning for our open trades! We book a triple-digit winner this morning, and are looking for some possible entries for tomorrow morning. Take action if you haven’t already!
On days like this, I prefer to sift through the wreckage and find anything that managed to survive during the big move lower.
In Sunrise Profits, Greg recommends a new sell ahead of the weekend.