Get ahead for Thursday July 08, 2021

trading watchlist Jul 07, 2021

More new highs for the QQQ and SPY today, but the buyers seem to be getting tired in many individual names that have had nice runs. SHOP, AMZN, PTON, and GRWG from the watchlist all had big intraday moves before fading off. At this point the risk to reward for new swing trades is not in our favor so we will concentrate on select day trade opportunities long and short.

 

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