Even with the recent big Coronavirus rally bringing some markets and sectors to all-time highs, there are many lagging because of the Coronavirus also.
The obvious ones are restaurants, cruise lines, airlines, casinos, hospitality/hotels, and theme parks, as they continue to struggle with restrictions and people fearful from returning.
Many strong stocks have extended weekly charts, so “chasing the strong” is not prudent now.
Many of the sectors mentioned are setting up bullish patterns on Multiple Time Frames (MTF), which should set up for excellent reward-risk stock and option trades for swing and core trading.
Today we are going to teach you how to intelligently trade the stocks and sectors setting up for potentially explosive moves.
