Friday Overview & Monday's Prep

Friday I read the tape good. On Thursday I predicted that XLP would be performing positively and based on that, I'd tailor my entry for an asset. I chose Walmart (WMT) and decided to enter a contract, which resulted in a small gain.

In the above, I've highlighted the price change between the time I bought my contract vs. the time I sold it for. Now, in the chart above, we see that the gain was small 0.90 cents, but at the end of the day, my contract was $121, which overall wasn't bad. My verdict? small profit, decent entry.

So, let's prep for tomorrow as it is late for me.

If I look at the table above from friday's performance, I can see that Energy would be one of the greatest as well as technology tomorrow. Moreover, I did see the news today of Israel attacking Iran. So in conclusion, energy might defeinitely be a top leader tomorrow. I'll run the volume tomorrow before my 30-40 mins before any trades.

Something I've been noticing is that the stocks tend to skyrocket by opening, but they've been consolidating afterwards. So while I don't like to trade overnight, if I pull the volume vs price analysis right before closing, then I could potentially secure a stock and sell at all time high in the mornings. I have to test this and see the day vs after.

Let's see what tomorrow holds for us.