Adjusting Trades This Week

The stock market was lower today as I thought it would be in my weekend update. Continue watching for the low $100's on Adanced Micro Devices (AMD). It was $120 after earnings yesterday but closed under $110 Wednesday. That circa $102 area is one I will be monitoring closely for a potential buy level. Another of my long favorites was Starcucks (SBUX), which was one of the few stocks up in a sea of red today. Continue to keep a close eye here for a buy set up. Neither AMD nor SBUX do I consider a buy at current levels to be clear. The other stock on my radar was OXY. Going to take OXY off my list and put it on the shelf for now. [Let an ex-Wall Street Insider do your homework for you. Use Joe Duffy’s uncanny market analysis to spot trades again and again. Check it out here]( On the short side I like NIKE (NKE). If we get more back and fill to the upside I will very likely wade in short here. I don't mind being long a stock and short another stock at the same time! Stock Market Trivia … The long one stock, short another stock, was the [origin of the name “hedge” fund.]( Thanks, Joe See Related Articles on [TradeWinsDaily.com]( [Adjusting Trades This Week]( [Could Buying Pressure Push BAH Higher?]( [Using Technical Indicators]( [Tech Is Offering Great Trades Like This]( [This Coiled Stock Is Ready To Spring]( --------------------------------------------------------------- [TradeWins Logo]( © 2023 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. 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