Today’s Trade Idea:Booking profits in MPC & Market Update
See the full position lineup of our bucket 2 swing trading portfolio HERE
See the full position lineup of our bucket 3 investment portfolios HERE
Please join the Inner Circle and Market Rover conversation in our members Slack chat room
Booking profits in MPC & Market Update
To round off this holiday-shortened trading week, today we are going to close/sell/book profits in our bucket 2 swing trading long position in MPC.
MPC stock yesterday Thursday reached and marginally surpassed our profit target #1 at $150.
Market Update
While we have to be open to a surprise upside month for equities this September, we do still think the odds favor an a-b-c corrective pattern to play out for US equities that could bring the S&P 500 lower to the $4200 area before a more meaningful bounce may occur.
Today’s Trade Idea: Booking profits in MPC & Market Update
See the full position lineup of our bucket 2 swing trading portfolio HERE
See the full position lineup of our bucket 3 investment portfolios HERE
Please join the Inner Circle and Market Rover conversation in our members Slack chat room
Booking profits in MPC & Market Update
To round off this holiday-shortened trading week, today we are going to close/sell/book profits in our bucket 2 swing trading long position in MPC.
MPC stock yesterday Thursday reached and marginally surpassed our profit target #1 at $150.
Market Update
While we have to be open to a surprise upside month for equities this September, we do still think the odds favor an a-b-c corrective pattern to play out for US equities that could bring the S&P 500 lower to the $4200 area before a more meaningful bounce may occur.
Chart