This Watchlist Is Short and Sweet

September 11, 2024 | [Read Online]( Check Out This Week’s Retirement Stock Watchlist Blake Young here, on my way out to Scottsdale, Arizona for our live Unlimited Trading Horizons event. It kicks off tomorrow, and [we’ve got some virtual access for folks who want to attend but can’t actually attend - you can read about that here.]( For now, I wanted to get my weekly watchlist out to you - there’s a lot going on in the market right now, but I think these could be dynamite opportunities. At the risk of sounding like a broken record, but I’m shorting more banks, In my paid services, we’ve had success with XLF, Citi (C), and MorganStanley (MS) but right now I am going with Bank of America Corp (BAC). This is a new lower high and a signal from my Bollinger band breakout method. I expect BAC to hit $36 pretty easily but a close below $36 could lead to a 15% to 20% drop in the big bank, where I will be targeting a move to $30 before the end of October CVS Health (CVS) and Walgreens (WBA) have suffered enough… maybe… but CVS has broken through support on a gap down and a close lower. I expect another drop of $5, or 10%, and a move to a new 52-week low. The bearish pressure is building in most sectors and the health care service area doesn't look like it is feeling all too well. And to diversify the day, let’s take a look at Walt Disney (DIS). Price had stabilized over the past week after experiencing a long-term downtrend. Price appears to have cleared the short-term lows and is looking for a Bollilnger band breakout strategy move to, and then through, the six-month low and retest the annual low of $78. That would provide for a $9 move, just over 11%. [That’s it for now - short and sweet. My bags are packed and my flight’s booked to Scottsdale. If you’re attending in person, I’ll see you there. Otherwise, do check out the possibilities of virtual attendence](. [fb]( [tw]( [ig]( Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or [investment.T]([rading]( Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876 Update your email preferences or unsubscribe [here]( © 2024 Blake's Retirement Rocket PO Box 24790 Christiansted, Virgin Islands 00824, Virgin Islands, U.S. [Terms of Service](