Which Way Do We Go?

right, next, note
Good morning!
The market continues to just stay in this area as we await news to break on Vaccine
new and Stimulus news.
Any good news will drive a large amount of stocks up, but the market as a hold I think will level out here for a while to come especially since we are running into the end of the year. Some stocks that stand to benefit the most would be: BA, DIS, RCL, AAL, DAL.
As for SPY 366.94 is a major line we will be watching for SPY. We have more strength on this line when it break below it then above, but we do need to keep in mind the move up would be associated with major market news. We will keep a eye on these levels, but SPY has not given many entries do to the fact of all this sideways movement. We did score (2) smaller plays in chat yesterday and our members continue to make awesome gains!
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Overnight plays should be returning 20-30% and these plays continue to return great plays!

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*Please note: Elite TradeZ LLC is an online platform for chats, education and alerts. All information here is for educational purposes only and are opinions made by the author. These are only suggestions of the author and not financial advice or solicitation to buy or sell equities. Trading stock and options require a high degree of skill and high level of risk. Please contact your financial advisor for any questions you made have.