Hello traders and MarketClub members everywhere! Well, here we are, a week before Christmas, and the markets have just been going crazy as we can all see. With that in mind, I want to bring to your attention five trending stocks that just had their weekly Trade Triangles kick in strengthening their longer-term bull trend.
I'll also be looking at five weekend trading opportunities. That's when I look at stocks that are making 52-week highs on Friday and hold them over the weekend and sell them on the opening of the market Tuesday morning. Now there are caveats with this type of trading, the first one is the stock must close at or close to its weekly highs. The stock cannot make a high for the day and then close at its low at closing time that would disqualify it as a weekend candidate.
I am not a big fan of trading this late in the year due to high volatility and low volume. However, if you feel compelled to trade, the trades in today's video are the trades that I like.
2014 has been a wonderful year with lots of trading opportunities; I don't want to see anyone blow up on the last two weeks of the year.
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Let's go to the video and check out those 5 trending stocks that I see as 5 potential weekend trading opportunities.
Have a great weekend everyone.
Every success with MarketClub,