TRADING TIPS

SNA Bracket Trade

Hubert Senters here. Let’s take a look at Snap on Tools incorporated. Nice quality tools. They’re high. They drive around to all the mechanic shops and civil tools to all the mechanics. And believe it or not they even finance so really they’re a tool manufacturer and a finance company. Anyway, got a nice little bracket trade here for you Monday. Remember markets closed on Friday. Good Friday. I’ll be short and shoot some videos tomorrow for Friday, Saturday and Sunday to have for you but for Monday’s potential bracket trade, let’s go through the details. They’re pretty simple. What we’re going to do is we’re going to look for a potential long above $173.99 and a potential short below $167.35. Folks over at Vantage Point Software are going to have a special webinar Thursday, April 24th at noon EST. They’re going to cover how their software works, what it does and I’ll go ahead and spoiler alert here for you. It’s a three to five day algorithm or one to three days whichever way you look at it. I can use it predict either slightly before that or after that we use in their tool which is pretty effective. Anyway, it’s an algorithm that’ll tell you whatever thing you’re trading whether it’s going to go up or down over the next one to three days. It’s a neat tool. I recommend it. Check out the webinar and let me know what you think. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.      

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