The Closing Print live trading and financial blog during market hours.

The stocks below have ADX rising above 20, exhibiting bullish trends, wherein the underlying price action has begun to strengthen noticeably.

These stocks are ranked by intraday performance. Some are too cheap to play, so we’ll pass on the likes of HZN.

Banks and Financial Stocks Strengthen

As the trend in banks strengthens, look for follow through in FNCL. The Fidelity Financials Index ETF along with FAS and XLF show improving performance.

FNCL printed an expansion bar yesterday. This type of candle usually proceeds a follow through and bullish trend.

ADX strengthens – trend improving.

Make sure to check the weekly watchlist and recent trades. Move your stops on these winners as most are trading higher pre-market.

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Futures are higher in early trading.

QCOM is trading near 80, as I shake my head in disbelief. 15 standard deviations? Shorts got murdered.

Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we trade these new and existing positions. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading,

Vinny

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Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.