4 Best Trades for Tomorrow After Two Down Days

After a crash on Thursday, and a good open turning into a sell-off on Friday, here’s what to trade tomorrow…

This story was originally published here.

A big gap-up on Friday came after a massive selloff on Thursday. However, the bounce was sold into as the market remains quite mixed. With that in mind, let’s look at a few top stock trades for next week.

Top Stock Trades for Monday No. 1: Starbucks (SBUX)

Starbucks (NASDAQ:SBUX) stock has had a rough couple of days. After pushing through $80 resistance and the 200-day moving average, the stock has come under pressure.

With Friday’s bounce, the stock is reclaiming the 50-day moving average and making up for some of Thursday’s 8.2% decline. What now, though?

Aggressive bulls can buy with Starbucks over the 50-day moving average, and use Friday’s low as their stop-loss. It might be more advantageous to wait and see how the setup develops into more significant areas, though.

A move below this week’s low at $72.15 puts the 50% retracement in play. Over Thursday’s high puts $80 and the 200-day moving average in play. That’s a nimble setup, but one that could give short-term traders an opportunity into notable support and resistance levels.

Editor's Note: To keep reading, click here.

The Most Important Chart You’ll See Today

Dear Reader,

Take a look at this chart:

As you know, the stock market crashed big time back in March.

But see the orange line?

If you had been using this little-known strategy, you would have stayed in the black.

Better yet…

You receive instant cash upfront — anywhere from $240 to $2,475 per trade — every single time you use it.

That’s exactly why Barron’s calls this “one of the greatest strategies in existence.”

So if you want to have the chance to get some of the volatility out of your portfolio and sleep well at night…

While making A LOT more money upfront…

Just go here to check out our brand-new Master Class, which shows you exactly how it works.

Regards,

Brian Hunt
CEO, InvestorPlace

P.S. By the way, if you’re interested in getting the details on this very simple strategy, for a very limited time you can try it today for just $7. I promise you: Once you see how easy this is to do, you’ll never look at investing the same way again. Check it out here, before this goes offline.