Markets are gapping up this morning after a nice rally yesterday during the middle of the trading day.
Of note, financials strong while everything else hovering around unchanged.
A slightly positive bias premarket.
We are still in the neutral stage of the market from a mean reversion viewpoint.
That means Breakouts and pullbacks depending on breadth this morning.
I am still getting caught up from my TradeStation crash last week. Of course, a backup would have made it much easier:) Most likely be another week before I get completely back to normal.
Let me mention that TradeStation has a new pricing plan. The problem with TradeStation was that they charged an arm and a leg for extras. The platform, radar screen, and other addons.
They have changed their pricing so that I think it is the best value amoung trading platforms. I am going to put a link up to where you can inquire.
The only downside I see to TradeStation is that its a 32-bit program. They have no intention of updating to a 64 bit. But other than that its no by far the best value.
When I get the signup link for a trial I will post the cost of the services and mention what they were previously.
I again am going to cut this short this morning. But you can get my thoughts on the open along with some of the trades I make by following @rickjswings. It is my private trading feed.
Also, I now have a separate page for political odds. I typically update it every few days with new situations and additional comments. You can find it at https://www.rickjshandicappingpicks.com/political-odds/
If you want to follow some of my trades along with my thoughts typically given after the open you can go to @rickjswings. Typically I talk about the overall day expected with the markets and also give some levels on the ES and NQ for failed breakout scalping.
It’s my private twitter feed for the stock market and its free. Sports Handicapping is the subscription-based part of this site. But considering the cost of joining it’s almost free:)
Good Luck Today
RickJ
RickJ’s Handicapping Picks