All three of these stocks are screaming buys. The one thing you really need to weigh (along with a plan for how you will trade these stocks) is despite the setup, is it worth going long in when considering how overextended the market is currently. That is the question that I am wrestling around with most lately, and should I get in, I would do so with a small amount of my capital at risk. Not because I am skeptical of these stocks, I think they have a great setup to them, but I am concerned by the euphoria surrounding this market currently.
I’ve provided you with each of these setups, the stop-loss that I would use. Hopefully you find these trading ideas to be of some use for you.
Freds, Inc (FRED)
Click Here to See The Other Two Trade Setups.
World Wrestlin Entertainment (WWE)
Taser International (TASR)
Welcome to Swing Trading the Stock Market Podcast!
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Commit these three rules to memory and to your trading:
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