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

Geopolitical news will undoubtedly lead to a “buy-the-dip” opportunity. With this in mind, we will watch for support and reactionary lows this morning. We will wait for the opening range (9:30 ~ 10:20 AM) before adding major risks to our portfolio. We were taking risk off into strength over the past couple of weeks. Now we have a catalyst.

Since the market momentum has been bullish of late, we’d find it hard for the bigger macro issues to change so dramatically so as to effect market direction in one day.

XII and Volatility

We’ll watch the major indices, and one of our favorites, the ARCA Institutional Index (XII) components for support. XII is trending between standard deviation one and two bands as the group rallied into the first trading day of 2020.

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Watch the top-weighted stocks in the XII. These candidates should hold up well and present buying opportunities over the next few days.

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The 12 candidates above are a small subset of stocks we will consider trading if “simultaneous” movement picks up today. The Dow Industrials Top 30 stocks should be in play today.

Defense and military stocks are bullish, NOC, LMT, RTN, and GD.

Futures are moving off Globex session lows. Gold is higher.

Join us today in the trading room for our LIVESTREAM broadcast

during market hours, as we navigate the current environment. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading,


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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 “advice” 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.