Momentum works both ways, we just have to stay smart and focus on trades that work for us!
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The Nasdaq was down today… I don’t think this is “the end” of the tech trade. Just profit taking! A little rotation just sets up new opportunities for us to take advantage of.
I’d like to see the market hold these gains throughout the day.
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 the first Sunrise Profits summary, Greg opens with a comment on the state of oil and gold. During the live session, Greg also made two trade recommendations. In addition, he answers reader questions about how and why he trades a certain stock or option.
In Sunrise Profits, Greg makes a new trade recommendation while sharing his thoughts on the market.