I was on the Schwab Network this morning and I left three trades on the table.
One of them genuinely pained me.
I have been skeptical of this entire sector for months. But the numbers don’t care about my opinions. The chart was unambiguous and I had to act on it.
The second idea is a stock which got swept up in the rally like everything else did.
That is exactly the problem. When a name goes up for no reason other than the tide coming in, you know what happens when the tide goes out.
The third one, I called wildly overbought on air today. Three consecutive weeks of blowing past what the options market said it should move. That kind of setup does not end quietly.
Now, if you want to find out the symbols, and specific trades I placed, click the link bellow.
Watch the Full Schwab Segment Here
To your success,
Don Kaufman
