Monday, November 19, 2018: Day Trading Notes, Waiting for December




Oh, the Humanities!

DOW -395.78—-NASDAQ -219.40—-SP500 45.54—-NYSE -119.37




Portfolio Leaders: T
Portfolio Laggards: ISRG, SHOP, BA

Another brutal day on the stock market, with the DOW falling some -395 points. Ouch! That REALLY hurt… as I continue to watch the portfolio fall and people telling me to hold on… I guess my long term holds will bounce back, but when?

I heard Jim Cramer or someone on CNBC say that there should be a Christmas Rally after Thanksgiving.

M’kay…

Meanwhile, I’m suffering and we’re still holding on. In October, the DOW fell some 2,859.28 points!

Okay. Isn’t that just as bad as the stock market crash of 2008?

Seriously? Why isn’t anybody admitting to this? And I have no doubt’s the lyin’ Trump Administration is either ignoring this or blaming someone else like The Fed, The Democrats, the Caravan of illegal immigrants.

Any falsehoods will only come back to haunt us. But, the numbers never lie!




Examining a Potential Starbucks Trade

Starbucks (SBUX)

Today’s day trading study covers Starbucks (SBUX)

finviz dynamic chart for  SBUX

Here below was a possible day trade that could’ve been awesome! And, at this time frame between 11:15am and 12:15pm, SBUX climbed some 70 cents.

I circled the buy signals that would’ve alerted me to trade. 1. The MACD crossed over. 2. RSI was somewhat down. 3. The ElliotOscillator showed signs of rebounding and crossed into the green.

Then, I would’ve rode the uptrend until the MACD crossed back under.

Screen Shot 2018-11-19 at 2.38.11 PM

500 shares would’ve yielded $350.
1000 shares would’ve yielded $700.

And so on…




Disclaimer: The content provided here is for information and entertainment purposes only. It is not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice, since investors’ needs and strategies may vary. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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