There are two scans I use every day to discover short-term trading opportunities.
First, I look for stocks breaking above their 50-day moving average. The stocks highlighted by this filter usually make fast and aggressive moves higher.
Next, I search for stocks getting ready to enter a short-squeeze rally. Historically, these stocks make for great short-term options trades.
Using these filters, I can find stocks of interest that are ready to pop… or drop.
And I know exactly how to play them for profits.
Today, I found up to nine stocks during each of these scans. But two of them in particular are poised for a short-term move that could hand you a combined 23% gain…
These scans are simple. It doesn’t matter if you’re new to the market – because I’m going to show you exactly how to use them to find live candidates (just like the two I’m about to reveal) for your portfolio right now.
I don’t need to tell you that 2020 was anything but typical for the market.
And from an investor’s perspective, 2021 is kicking off with a similar tone. Stocks started the first trading day of 2021 in the red across all three major indices.
It appears the market is facing another week of potential uncertainty.
That’s right, this week’s trading is likely to see a few curveballs thrown its way, as the political theater in D.C. has found a way to extend its show for yet another week into the new year.
One of the biggest drivers of the market is and always will be headlines. And as much as stocks would like to be focusing on technical breakouts and new highs, they’re going to have to deal with a few potential bumps in the road before we get there.
But each of those “bumps” can still provide profit opportunities for traders like us.
Here are the three keys to this week’s trading – plus, my top bullish picks…