SPY QQQ IWM
The S&P 500 was up 2.14% this week and has made new all-time highs. Let’s take a look at what sectors led the markets higher:
Sector Performance
Energy, financials, and health care led higher while utilities, tech, and consumer staples were relatively weak which indicates a rotation into risky sectors, a positive thing for the markets.
With that said, these stocks performed well this week and are on my watchlist for potential pullbacks:
WYNN DIS CELG PNRA
Now, these stocks are some that are also on my watchlist for next week. I’ll look for breakouts higher or sustained pullbacks to get in via short put vertical spreads (credit spreads) or long call vertical spreads.
TSCO LNKD CERN EBAY
Earnings announcements have a significant effect on stocks and options so its important to be aware of when each company announces. To the left you can see the earnings dates provided by Finviz and the options contract month that is affected.
Good luck trading!
for intraday commentary!
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Options Trading
Breaking Down This Week’s Winners & Watchlist For Next Week
SPY QQQ IWM
The S&P 500 was up 2.14% this week and has made new all-time highs. Let’s take a look at what sectors led the markets higher:
Sector Performance
Energy, financials, and health care led higher while utilities, tech, and consumer staples were relatively weak which indicates a rotation into risky sectors, a positive thing for the markets.
With that said, these stocks performed well this week and are on my watchlist for potential pullbacks:
WYNN DIS CELG PNRA
Now, these stocks are some that are also on my watchlist for next week. I’ll look for breakouts higher or sustained pullbacks to get in via short put vertical spreads (credit spreads) or long call vertical spreads.
TSCO LNKD CERN EBAY
Earnings announcements have a significant effect on stocks and options so its important to be aware of when each company announces. To the left you can see the earnings dates provided by Finviz and the options contract month that is affected.
Good luck trading!
Follow @victormora for intraday commentary!
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