Rookie Trader 220105 - Boring Day

Is it a good time to buy stocks today?

Look at the S&P 500 hourly chart... 
  • Is the 10 SMA above the 30 EMA? 
  • Is Williams %R (3) less than -80 (oversold)? 
  • Is the ADX momentum indicator above 25? 
If one is Yes, buy! 

👉Buy - 2 of 3 yes signals.

What stocks to buy?  
👉 Buy MSFT? 15% undervalued. Too small. No buy.

Which stock to sell?

👉 Nothing to sell.

Until tomorrow. 
May the market be with you.

~ The Rookie Trader 

PS: I would like to thank the following...
Note to self:
  • Late April to early May - Buy on dip 
  • May - Sell and go away
  • August - Strong month, 
  • September - Bad month for stocks.
  • November - Reinvest
  • Sell immediately if price spikes on news.
  • Remove emotion from the equation.
  • How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.













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