The Market Is Still Constructive

The Market Is Still Constructive

Non-farm payroll numbers were out earlier today, and the initial reaction to the (1st 30-minutes) is positive.

Here’s the short-term look of the SPY from a very trusted source @AlphaTrends, so far so good.

I have an interest in few stocks today if and only if they are able to go through their respective highs from yesterday, 10 names on the list, but I will focus specifically on $Z $CTXS $CWT $AQMS $VEEV $HAIN, the weekly and daily charts are aligned.

Here are the rest of the names;

These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through a momentum burst that lasts 1-10 days and that is what we look to take advantage of.

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

By | 2018-02-02T12:06:34+00:00 |

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