The indexes closed positive and the Nasdaq at a new high but nothing changed. The market is still headed for a significant volatility event at some point over the next ten days and there is no reason for us to be entering new positions today. We already have three short plays to capitalize on any decline.
This is not a trading newsletter. There is nothing I can recommend today that we buy for a potential 2-3 day gain and then exit. We should not trade unless there is a decent chance of a longer-term move. Be patient. There is a buying opportunity ahead in January.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays