As we head into the new trading week, and ahead of major news on the war, Dan shares some of his views on the market that backup what Trader X said this week in his newsletter.
The views he shares are:
The $SPY ( ▲ 1.21% ) and $QQQ ( ▲ 1.31% ) are not at spots where shorting make sense right now
That Crude oil futures are set for a large ± $10 move this week which is opportunistic for traders
That there are better trades in consumer staples like $TGT ( ▲ 3.17% ) and $HSY ( ▲ 0.66% )