Happy Sunday
There were several low float garbage runners last week the had incredible short squeezes and if you were fortunate enough to be on the right side of the trades you probably had a nice week but these types of moves from low float speculative companies will not be what moves sectors higher or takes the major indexes to new all time highs. Going through my scans this weekend there were a lot of recent reverse split low float stocks with terrible looking long term chart trends that were making 4 percent or higher moves. This does not give me a strong vote of confidence for the overall markets. There may be more low floater highly spec trading opportunities next week but what will drive the markets will be the earnings and guidance from some of the largest most highly followed companies that are reporting this week LMT MCD BA MSFT TSLA AMZN just to name a few. Watch this weeks video and see what is on my radar to help you prepare for the week ahead.
If you have not tried Finviz you are missing out! It is a fantastic tool to screen for specific fundamental or technical setups. View multiple charts simultaneously on one page of stocks that fit your parameters. Create multiple scans and let the program do the work for you.
Economic Calendar
SourceMarketwatch.com
Last weeks Pro member stocks to watch and their performance for the week
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My recent interview with Maj from GeoInvesting
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This weeks video
$FCX $LVS $HAL $LMT $CLF $TWTR $AMZN $SNAP $BIIB $NOW
Highly anticipated earnings for next week
Source Earnings Whispers .com
