Tackle Today: Market Based Indicators
November 18, 2020
≈ Join our special webinar tonight ≈
Traders,
Markets are mixed this morning after a back and forth week where most of the indexes have held their uptrends. Positive vaccine news out of Pfizer regarding their Covid-19 trial, Earnings from Lowes and Target, and Boeing getting approval from the FAA to resume flying their 737-max are some of the headlines driving price action this morning. The market has been bullish this month, with most sectors moving higher.
We will analyze all the action during our Halftime Report today, per usual. I was talking with one of our veteran students who has been in our community for 10 years last night and he was asked ‘where do you check the news’. His answer was he does not spend a lot of time on news because he gets his info from the Halftime report. That was very cool to hear, especially because that is the design behind the show. We break down all the market information and give it context so that our community can make more informed, and unbiased, decisions.
If you are not a regular on the Halftime report, join us daily and join in on the conversation. It’s been great to see the Halftime Crew #htc chat amongst each other and engage with the coaches. Also, a reminder for our Wednesday special webinar tonight with Coach Gino. He is going to be teaching about some of his favorite Market Based Indicators like the Advancers/Declines, Arhi3m-Arlo3m, Call Put ratios and more.
Halftime Report 12:30 pm EST and Special Webinar at 7:00 pm EST.
#TeamTackle
Chart of the Day
Aflac Inc.
Aflac is up again this morning after breaking out on Monday. The Insurance company is a part of the overall ‘rotation’ we are seeing over the last month into value type stocks. It’s also a candidate on this week’s Options Report. Review the full report here: https://tackletrading.com/options-report-november-14th-2020/
Video of the day
Killer Trading Setup
Coach Noah shows a killer trading setup using price envelope indicators called Bollinger Bands and Keltner Channels.
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Coaches Show Replay
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
YouTube Special – Covered Calls
Join us for a special webinar with Coach Noah at 7 pm EST on Covered Calls
Cash Flow Condors MMG 8:30 pm EST
Join our monthly mastermind on how to trade the Cash Flow Condors System.
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