You Blue Chip Watch List

Good Morning Traders,   This is Davis Martin from PennyPro Elite and starting this week, blue chip stock/ETF watch lists and alerts will be provided for all members going forward.   You can expect a very straight forward summary and watch list from me every day, and anywhere from three to five alerts per week depending on market conditions. Higher priced swing trades mean less price action, but a little more safety compared to penny stock swing trades, which is why some traders prefer them.   Due to current market conditions and volume I am going to sideline options swing trading for the time being, unless it's to the short side, meaning 'buy to open' put options. This can actually reduce risk when swing trading a short position in some cases. I have yet to teach this, but will do so in the near future. Please do not 'sell naked options' if you are working out of a smaller account. We're currently in a market which dips, but never fully dips, so it's being run by bulls time and time again anyway. While some short exposure here and there is good to play dips with, ETFs which short sectors are the safest way to short the markets right now.   Nice to see Friday's SPY trade of the day run for +40% potential.   Last week I alerted and traded two swings. One for +6% and the other for -2%.   What I'm Watching Monday: CLVS: Got a bounce after a two day double bottom. Watching for continuation over $64. Stops below $63.   CRC: Energy stock, so I'd be watching energy. Looking for a simple moving average fill play from the low $15's to the $17's. Could be a 10%+ move here. Stops below $14.50.   ESPR: Oil Stock, so I'd be watching oil. Continuation pattern over $36. -5% stop.   SAGE: Not ready yet but would like to see a small pullback, then breakout continuation.   TSLA: Four daily doji candles in a row - very narrow trading range. Needs to make a move one way or the other. Will be watching.     Trade Green!   Davis         Jeff Williams PennyPro.com         Please note that all membership charges will appear as "RagingBull.com" on your billing statement.       Helpful Links:   Video Lessons: Learn the PennyPRO Strategy through this ever-evolving series of lessons.   Email Jeff: Get the help you need.  Member questions are never a bother.     Chat Room: Join the Chat Room.   Chat Room Rules and Guidelines: Make sure you know how to use Chat properly.                 Neither Penny Pro nor RagingBull.com, LLC (publisher of Penny Stock Pro) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any inv estment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past result s are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Penny Pro manages on behalf of RagingBull.com, LLC.   If you have a current active subscription with PennyPro you will need to contact us http://www.pennypro.com/contact/ if you want to cancel your subscription. Opting out of emails does not remove you from your service at PennyPro.     If you no longer wish to receive our emails, click the link below:  Unsubscribe   835 E Lamar Blvd #263 Arlington, Texas 76011 United States