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FOMC Meltdown! Where is the QQQ going next? 2/1 Trading Watchlist

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The market gapped down on the GOOGL, AMD and closed near its lows after the FOMC announcement.  It doesnt look like he said anything new but traders had their fingers on the sell button today! Here is the full video if your skipping NETFLIX today

Federal Reserve Board – News & Events

Be cautious the next few days. We may retest the ATH breakout spots on the SPY & QQQ.  If it holds there it should provide some clean entries.

We got some economic news tomorrow and friday also.  Nothing as major as FOMC but still worth watching here as traders were skittish today.  If your having trouble reading the general indices stick to the earnings plays.  Guys look at even boring stocks like GM when it has earnings it really has some good movement. there have been so many of these type of plays every single day. You dont have to just sit and trade the big 7 stocks.  There is a whole world out there!

Symbols from TC2000 for tomorrows watchlist
NXT
PLUG
RUM
ALGN
FATE
BA
GM
ZIM
AXP
NUE
S
UPST
SNOW

The post FOMC Meltdown! Where is the QQQ going next? 2/1 Trading Watchlist appeared first on Bulls on Wall Street.


Source: https://bullsonwallstreet.com/daytrading70564-2/?utm_source=rss&utm_medium=rss&utm_campaign=daytrading70564-2


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