Live Trading Event On YouTube – Let’s Find Some Trades Thursday

October 19, 2016
Author: Peter Stolcers, Founder of OneOption

Posted 9:30 AM ET - Tomorrow I am going to host a Live Trading Event on YouTube. If you are a day trader you should try to attend. No registration is required. Just set a reminder on your computer for 12:00 PM ET and come back to the blog. The event will start playing in the image above. I suggest watching it on YouTube so you can adjust the display. I will show you how easy it is to find trades. You hear me talk about it every day, now come and watch me real-time. Lots of earnings overnight but not much of a market reaction. The S&P 500 is sitting right on the 100-day MA I did see nice volume and follow thru for many stocks Tuesday (both sides). Early in the day you can push the envelope a little and buy breakouts. Later in the day you have to wait for pullbacks. I would discourage buying breakouts to a new high of day. You do not have help from the market I prefer the long side into earnings season. If we rally above $214 we can lean on that. I will be looking for the pattern on post earnings plays We are likely to rally for a week or two and that should get us back to the upper end of the range. We don't know which way the market will go this AM. I will keep it pretty light until I get a feel for the direction. . . image

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