April 2018 Core Commentary

Looks like we are in for another good month of trading. Hope everyone was able to take advantage of the super sale we ran on the bundle for $999. Our Pre-trade analysis is out for April under the Blog tab. This month has many data points giving us a better idea of which way the market will go. Alright, the Geopolitical environment is concentrated on Syria using chemical weapons on it’s own people. There could be airstrikes over the weekend which could give the market pause come Monday. Another factor weighing on the markets is technical, today we opened higher and could be headed for a negative close producing an outside reversal/bearish engulfing candle which could give technicians a pause. My theme is this, we are going higher into earnings which will begin in earnest this coming week, we have NFLX reporting on Monday, GS and IBM reporting on Tuesday. As of now I have 9 call plays lined up hence why I hope you looked at the Pre-Trade analysis to make your decision on which if not all you would like to buy here at the close. Please remember to take profits when they present themselves, do not set initial stop losses only limit orders and last but not least have a great week.