Hey there Traders!
In this boxing match called trading you never go for the knockout punch in the early rounds. Over the course of 12 rounds you will take some blows, deal some blows, and then win the decision in the end. We took a shot from Apple in our short positions but am ready to get off the mat and go at it again! We are also tracking AMGN on the long side in this otherwise very tight and range-bound S&P 500. Focus on trading strong stocks to the long side and weak stocks to the short side, but keep your gloves up for defense as it’s pretty dicey out there in the ring.
Also, be sure to tune in to CNBC’s TradingNation where yours truly will be hosting. 1 PM New York time at tradingnation.cnbc.com
Checkup video below