Some bullish stock ideas to consider

The bulls didn’t fold up shop this weekend amid some end of day headline risk this past Friday. Looking back, I would liked to still have UPRO in the portfolio, but the risk of holding it over the weekend with whatever might be ready to be thrown on the weekend newspaper head lines, wasn’t worth it to me considering it was a a volatile 3x ETF (even if it is based on SPX).

As a result I went the safe route and sold UPRO for a 1% profit. However, I did hold Amazon (AMZN) over the weekend and added another stock to the portfolio today. 

There is this sneaky suspicion though, that perhaps the market is simply rallying back into that short-term consolidation range just to traded sideways again for another couple of weeks below the all-time highs. 

If that happens, the market is still very much tradeable. But you want to make sure that you are picking your stocks carefully, and that trades made are in conjunction with positive intraday market action, industry action, and of course a clear and definable edge that is present on the stock’s chart. 

Below I’ve put together a large number of bullish trade setups that I will be tracking throughout the week and even trading off of.