August 12th Trade Ideas

$SPY prints more ATH’s in today’s PM session as the market continues to brush off any negative COVID news. The ETF printed a solid reversal in yesterday’s session trading, taking traders for a ride from gap fill back to intra-day highs.

Buy the dip.

Currently, we’re looking at 7 securities in today’s PM session; however, this will get adjusted as we get closer to the bell.

Sectors: Consumer Discretionary, Financials, RE, Tech

As always- if this, then that.

Keep it simple.

Don’t forget to set your PM alerts for our Weekly Trade Watch List.

Members, click the Trade Ideas Video button for our detailed execution plan.

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