Today’s Trade Idea: Watching  COST Buy Signal and Removing UNH from Bucket 3

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Watching COST Buy Signal and Removing UNH from Bucket 3

With tomorrow’s CPI report looming large, we are on swing trading hold today.

We are however watching shares of Costco (COST), which have been bullish trend on the Market Rover since early June and just fired off a fresh T-signal swing trading buy. We are not taking this trade today due to tomorrow’s CPI report.

On the bucket 3 investment time horizon side of things, today we are selling/closing our position in UNH as it is clearly in consolidation mode and few catalysts on the horizon to move it meaningfully higher.

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