Background Image

Blog

March 23rd Free Friday Pro Pre market prep 22018



Good morning
There has never been a better time to become a member of Alpha Wolf Trading
I am very excited to announce that we have reduced the price on our annual membership to $197.00 a year. That means for just over 50 cents a day you will have access to all my pre market prep and post market wrap videos with stocks to watch for trading and investing ideas, my trade plans for swing and long term investments, a live chat room, a live webinar during trading hours with screen share, 10 hours of educational videos and real time alerts when I execute my swings or long term hold plays. CLICK HERE TO TAKE ADVANTAGE OF THIS INCREDIBLE OFFER.

I may have temporarily lost my mind! I am not sure how long we will keep the membership at this insanely low level so take advantage of this while you can. Learn more about our membership offerings here: https://www.alphawolftrading.com/membership

It has been a busy week with a rate hike form the new Fed chair, more shakeups in the Trump administration with the exit H. R. McMaster national security advisor, and the introduction of new tariffs aimed at China. China has responded with is own threat to take measures against 128 U.S. Products in two stages as well as threatening legal action through the World Trade Organization. Fears of a full scale trade war are a genuine concern for Wall street and the equities markets are under pressure globally.

Technically we have broken trough some key moving averages in the SPY, QQQ, IWM and IBB.




With the market volatility and fear starting to escalate it is worth watching the volatility ETF's like TVIX and UVXY for short term trading opportunities and if you are are a long term investor start building that wish list for stocks you would like to own if they go on sale. It is looking like we are looking at potentially retesting the recent lows we made back in February. It would be a good thing if we were to retest and hold that area as support and eventually work our way back towards new highs. If we break through that level with significant force we could be looking at a more severe correction but I would refrain from calling it a full blown bear market.

Keep an eye on TZA and LABD as potential short term trades possibilities if the IWM and IBB continue to decline as well.
Gold is gapping in premarket so NUGT JNUG and some junior miners may get some action today.

Come Join us for our open mic FREE FRIDAY live chat with screen share for the trading day here https://join.me/150-993-029

A few stocks that could buck the markets
1. DBX Dropbox IPO today will be interesting to see how it performs today
2. MDGS gapper off earnings low floater look for intra day setup likely needs to raise cash soon potential day trade only
3. MU earnings beat thick stock potential swing or long term hold on pull to support 80 Pt put on it this morning
4. SGH gapper all time highs low floater look for intra day setup and volume
5. LUNA broke out on the daily bucked the market yesterday potential red to green but make sure you have volume
6. TNDM setup on the daily lil gapper off upgrade potential day trade opp
7. WYNN potential long play after Steve Wynn has unloaded all his shares more of a swing play
8. TEUM press release a little pre market action could set up for a day trade only likely need capital soon

March 23rd 2018 Free Friday Pro Premarket Prep from Alpha Wolf Trading on Vimeo.

Friday's economic calendar (03/23/2018)
8:10 Fed's Bostic Speech
8:30 Durable Goods
10:00 New Home Sales
1:00 PM Baker-Hughes Rig Count

"All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out."
-- Peter Lynch

Regardless of your time frame or style of trader/investor you may be. If you are having a difficult time with trading and investing or you are tired of trying to follow others into their trades & experiencing poor results. Join the pack @ Alpha Wolf Trading and learn to find, define and execute your own trading and investing plans.

Learn to build your own trade plans and identify your own trading and investing opportunities that fit your style and risk profile. Chat room access, 10 hours of educational videos, Daily Pre market Prep videos with stocks to watch, Daily market wrap videos with sectors and stocks to watch, trade plans BEFORE I take a swing trade or long term hold with my ideal entry, targets and stops.

benzinga pro logo


Looking for a dynamic news feed service and scanning program to help you identify trade ideas quickly?
Click the banner above to get the tremendous pricing offer from Benzinga Pro and Alpha Wolf Trading.