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Good morning:
We start this week in a market contrarian area… You see, we’re down at extreme levels of “not buying.” The number of stocks breaking out versus those breaking down is an ugly figure… and in this environment, it can lead to some wild swings.
We witnessed this on Friday after the Russell 2000 hit its 100-day Moving Average and bounced off other key resistance levels. It shook off bearish traders and flipped markets Friday in a strong contrarian bounce.
Right now - investors are bearish…
Everyone is suddenly running around talking about the repo market like experts, which makes my eyebrows raise. There are deep misunderstandings about how these markets operate… and that fear compounds without a real eye on what the Federal Reserve is doing to address these concerns…
So… what are we going to do? We’ll look for contrarian setups today…
All, while walking you through the optimal way to trade NVIDIA with so much focus…
We’ll talk about the stocks to trade this week… the stocks to avoid… and the critical setups that you can use to be successful. We’re going to do it a little differently today…
So again… click this link…
Stay positive,
Garrett Baldwin