5 Stocks to Watch

With the market clearly trending lower and stuck in the August trading rut, I’ve decided to open up my watch list for today’s trading to give you a list of stocks to keep an eye on for potential movement ahead. Plus, I have exciting news at the bottom of the post! Take a look..

The Book has Arrived!

I received the first copy of my book Secrets of a Pivot Boss today and it looks amazing! First class quality from top to bottom!

Action Levels for the ES for 8/28

Given recent strength off the 1,040 level and the current outside reversal pattern, we could be looking at bullish days ahead for the E-Mini S&P 500 futures contract. Here’s what I’ll be watching today.

Time to Sell $AEO?

American Eagle Outfitters ($AEO) has been extremely bearish over the last six months of trading, with price dropping from $19 to $12 during this time. As such, many of the recent rallies in this stock have been great selling opportunities. The recent advance is no different, as selling pressure could push price back toward $12.

3 Reasons to Buy $DVN

The stars are aligning for Devon Energy Corporation ($DVN), as major technical factors indicate that this stock is ready to rally. I’ve got three reasons to buy $DVN. Take a look..