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Let's Trade
Derek Hutson
93 episodes
1 week ago
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
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Investing
Business
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All content for Let's Trade is the property of Derek Hutson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
Show more...
Investing
Business
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8/17/21 - Stocks slide on a big down day
Let's Trade
8 minutes 37 seconds
4 years ago
8/17/21 - Stocks slide on a big down day

Stocks gap down to start the day and don't look back, all 3 indexes ending the day pretty far down. However, we did end the day relatively close to a few levels of support so there is a chance we see a nice bounce tomorrow. Will need to see what the pre market charts look like to determine whether or not we are going to have a potential bounce.

No trades taken today, but not losing money is better than losing money in uncertain conditions. Will be planning on looking for stocks that ended down today close to levels of support and putting them on a list. Then in the morning after pre market charts get going, start looking at that list and see if anything is gapping up. Could be a huge profit day if there is in fact a market bounce!

Let's Trade
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.