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Will retail sales numbers kick off a major rally?

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atptraders.com

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Wed, May 18, 2022 03:24 PM

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Plus Roger's top stock to buy and weakest stock to sell. Will retail sales numbers kick off a major

Plus Roger's top stock to buy and weakest stock to sell. [image] This CBOE veteran created a strategy tailor-made for volatile markets [Click here for details]() [image] [image]( Will retail sales numbers kick off a major rally? … This sector is making headway once again … Which way are market internals pointing? … Why bonds are becoming increasingly choppy … Will volatility remain high or cool off.? … Plus the top stock to buy and the weakest stock to sell. [→ Click here to watch now!]() [image] My pivot number today is 4075 on the ES (S&P 500 futures). Our resistance number held yesterday up at 4095. Today will be the first test of this rally off last Thursday’s low. Crude prices have snapped back, up approximately 2% as we go to press. We have a big day today with the market at a crossroads of most traders wondering if the uptrend will continue or if it will be turned back. Tonight we have our special guest, Andy Bustamante, from EverydaySpy talking about emotions in trading. Be there at 8pm Eastern. [Register your spot here.]() Target (TGT) missed on earnings this morning and the stock is down around 24%, but it sends a signal that the freight cost from high energy is starting to be a factor in the delivery of goods. ~ TBUZ [image] [image] Schlumberger (SLB) is on my list for long stock and option plays with its range bound characteristics and to-the-long-side target areas of $46, $48, and $51. Watch earnings. [image] Kind words from our best students: "242% on qualcom. Thanks!!!" — Andy R., a premium subscriber to Markay Latimer RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. [Unsubscribe]( DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555

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