TRADING TIPS

This Should Go to 90 Next

Hubert Senters here. Let’s take a look at Xilinx, XLNX. One of the very few things it’s actually above the cloud and actually trying to make new highs so the world is not coming to an end. It is going to get much worse. The technical overall for a lot of the index futures are pointing lower led by the Nasdaq so make sure that if you are long to make sure that you’ve got stocks on everything. You might want to also think about getting re-short on some things on this bounce like today. But Xilinx is one of the few things that’s actually above the cloud and acts like it wants to go above $90 on its way to a hundred bucks. So add Xilinx to one of the strong ones. So once this market decides it’s going to stop going down which is probably not going to be for a while then this will be a market that will bounce also when the market is going up. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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