Quote of The Day "There will be very few occasions when you are absolutely certain about anything. You will consistently be called upon to make decisions with limited information. That being the case, your goal should not be to eliminate uncertainty. Instead, you must develop the art of being clear in the face of uncertainty."
― Andy Stanley
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How To Use TAOST Daily Wrap [Video] I should have done and added this a long time... oh well... sue me. |
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Share... Friends don't let friends trade without TAOST
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Index, ETF and Select Single Stock Performance |
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A Few Headlines Of The Day - Stock prices pushed higher on news US may delay Mexico tariffs
- US trade deficit narrowed in April; Labor market remained strong
- A well known strategist warned that current market swings resemble pre-Lehman collapse price action
- Crude down 2% on massive inventory build... price fell into bear market territory
- FAANG stocks not really participating in overall market rebound... Not good for fans of the upside. The Nasdaq 100 [QQQ] was stronger than individual FAANG stocks for the most part today which tells you they are not leading the charge higher. Market leadership shifts, but I don't think its done that just yet, which suggests there is more downside to come unless the FAANG Horses play catch up to the upside..
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TAOST ES Power Zones & POIs Today |
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| 15m Chart - The real opportunities against TAOST Zones happened areas 1 and 2. |
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Basic Index ETF Performance SPY |
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TAOST Stalk Stock Gentex Corp. [GNTX]Gentex looks prepared to accelerate out of this Triangle Pattern and I expect it will unless the overall stock market craters. Hard stop around $20. |
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As always, make up your own mind and, more important, minimize your risk no matter what you do.
KIS,
The Trader
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P.S. Was this email forwarded to you? Get your own free ticket to the $ party here.
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