Pretty busy morning for what is usually one of the quietest trading weeks of the year...
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In this Sunrise Profits summary, Greg wraps up a week of excellent trades.
It’ll be important to see if the market continues to fade as we close out the month…
The market looks weak and the headlines are starting to change — the media are going negative. I suspect we’re going to hear more about virus spikes today and tonight. We’re in the right names (work from home, e-commerce) to weather the storm if we get a quick move lower.
I’ve been waiting for pot stocks to recover and I think now’s best time to jump back in! I really like the chart on this one — and we all know how explosive these pot stocks can be. Now that it’s above the 200-day average I think it could very quickly fill this gap higher.
I’m not going to spend too much time on the “why”, I’m much more interested in the “how”. As in, how can we profit in this environment?
In Sunrise Profits, Greg discusses the market ahead of the weekend and analyzes the choppy action.