TRADING TIPS

These Two Look Pretty Good

Hubert Senters here. Today, let’s take a look at what’s going on in ORLY, O’Reilly Auto Parts. It’s actually believe it or not still above the cloud and has a very well defined uptrend above the cloud. You would think that all the carnage and volatility would destroy this thing but it’s actually holding up so far so good. So I had these two not I don’t know why I said this like that. I have a dealing with my tongue is thick today. ORLY and AZO both of them look fairly good with a sea of red everywhere now though we had a bounce today but overall there’s not a ton of positive stuff out there like you can look up the biggest net mover on the Nasdaq today. John Deere. Yeah. It’s up. It’s up six percent but it’s still below the cloud so there’s still blood in the water. It’s going to get worse before it gets better. We’re probably going to go lower before we go higher. My recommendation would be get some short stuff and if you’re long a ton of stuff make sure you know your stop-losses are. If you can’t do that start making a shopping list for things that are not going down when the market is going down. That will help you rebound once it does bottom and goes higher. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.  

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