Russia Week for the Stock Market + Trade Setups

The bulls are not starting the week off with a bang, but then again neither are the bears. The market is trading sideways, which isn’t all that surprising, and could see that continuing into Thursday when Comey testifies. Unless James Comey drops a massive bombshell (which would be bad for him to reveal such a matter because it would implicate him as well for sitting on the information all this time), I don’t see Comey creating a lot of significant risk to the market.

If the hearing is a dud hearing that exonerates Trump, you could see a pop out of the market as it would make it less likely that Trump could be implicated with any possible schemes involving the Russians. 

Below, I’ve put together my bullish watch-list for you to work from this week. There are a lot of great ideas in there, including one trade that I have been holding on to since May 23rd – Ferrari (RACE). There’s plenty of potential with the trading ideas below, and its your job to find the ones that work the best for your trading strategy and risk approach. 

Here’s the bullish watch-list: