Saturday Review’s recording (for 5/5/18) …Up?
Thursday morning’s plunge had potential to launch the next major downleg. Then it was recovered. Entirely, that day. Friday extended the recovery, quite a bit, only to end at significant resistance. So, is an even bigger recovery underway, further delaying the next major downleg? Or, is the delay pretty much done?
This weekend’s Saturday Review specifies price action that would identify either resolution, and disqualify the other… You might also be interested in the 11-minute discussion of the “2-Point Strategy” that some subscribers use, either instead of or in addition to stalking larger intraday moves (starting at the recording’s 26:00 minute mark).
The following stock requests were reviewed in this order:
CRM, UA, IAC, WIX, MTCH, ROKU, DIS, BKNG, SQ, NVDA
transcript
Rod David: Welcome to Saturday Review… Please post questions and comments as they occur to you.
Mark Glezer: gm
—————– (05/05/2018 09:31) —————–
Bill G: gm
David B: Good Morning
jp: gm
—————– (05/05/2018 09:53) —————–
ljr ipad: after stocks, can we quickly look at entry/exit strategies. I heard you mention a 2pt exit strategy on your signals earlier in the week (in and out quick) may be useful for me as I can’t be around the market all day. (Mainly first 90 min)
—————– (05/05/2018 10:02) —————–
David B: CRM,UA
—————– (05/05/2018 10:03) —————–
ljr ipad: couple pets from the 3 min high?
ljr ipad: points
—————– (05/05/2018 10:08) —————–
ljr ipad: very helpful
—————– (05/05/2018 10:11) —————–
ljr ipad: IAC, WIX
—————– (05/05/2018 10:12) —————–
ljr ipad: MTCH (earnings)
—————– (05/05/2018 10:14) —————–
ljr ipad: ROKU, DIS, BKNG
ljr ipad: (all earnings related)
—————– (05/05/2018 10:30) —————–
Mark Glezer: SQ about 4-5 months back we discussed 73 potential target. Is it no longer contemplated based on its performance? Just missed on earnings
—————– (05/05/2018 10:42) —————–
ljr ipad: last one: NVDA earnings thurs
—————– (05/05/2018 10:45) —————–
ljr ipad: thx for today. looking forward to new site content. also, can we have the embedded links in the blog posts colour changed back to blue. black doesn’t identify a link well.
—————– (05/05/2018 10:46) —————–
ljr ipad: thx
Mark Glezer: thx much
Bill G: thx
ljr ipad: bye
David B: Thanks
