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Day Trading Digest: Daily Stock Ideas 4/9/2024

Monday, April 8, 2024 20:49

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The market just grinded today. We are in a small distribution phase as we digest the November run. You can see this through how stocks are acting on news/upgrades. MU had upgrade today even though its been a hot stock the gap got faded so quick. A month ago that might have run 10 points. This is to be expected but its best to stay defensive. There are times to lay it all on the table when the market is usually trending above its 9ema and you have everything curling up and your early in the cycle. This late its best to be defensive. Scalping/quick trading is idea. Also no chasing! Range trading/distribution tactics are a must.

Not really any econ news tomorrow. Earnings season will be starting up lets see if we find anything juicy.

Symbols from TC2000
CCJ
STNE
BITO
ALPN
DJT
DELL
ZS
SE
TTD
VKTX
ACB
GOOGL
NOW
META
LAC
CELH
SBUX
SMTC
QCOM
PAAS
MU
NFLX
DIS
MAG
ARM
AMAT

The post Day Trading Digest: Daily Stock Ideas 4/9/2024 appeared first on Bulls on Wall Street.

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