-->

Header Ads

💸 Two Stocks to Watch For The Week of June 3rd

I'm going to keep this short and simple.  My two stocks that I'll be watching this week are Constellation Brands $STZ, and General Motors $GM!

Trump, Tariffs, and Mexico are the reasons why these two will have a lot of ups and downs.  Overall I am bearish on these two, but they will naturally have their daily "bullish" runs.  These two companies manufacture a lot of their products in Mexico, so any negative economic actions talked about or taken will beat these two companies down.


As I write this article the Dow futures are around -150 points, so a gap down is almost likely to happen for these two companies.  With that said,  be patience at the opening.  There will be a lot of volatility in price action.  Let it calm down and watch the 5 minute candlesticks along with the MACD.

If the market gaps down too much, there is a likelihood for a short bullish run before it decides to selloff again.  That is what I will be looking for.

Remember that patience is the key for the best entry!

Constellation Brands $STZ




General Motors $GM



Author:  James Mason 

I am a momentum day trader. I mostly trade large cap stocks. I post live trades and go over the reasoning for my actions in those trades. I enjoy helping others learn how to trade. STAY TUNED! BIG PROJECT IN THE WORKS THAT WILL BENEFIT MY SUBSCRIBERS.  

Are You Ready to Get Funded ðŸ‘‰ðŸ‘‰ Tradenet Get Funded

Want to be in-the-know? Join the 925,000+ people who start their day with Morning Brew - the free daily email that delivers the latest business news in a fun, witty, and informative way. Check it out.


Join Transparent Traders ðŸ‘‰ðŸ‘‰ Click Here

  

No comments