Have you seen our live shows? Join us for “The Trend” each market morning at 9:00AM EST, and “Beyond the Bell” at the close. See what’s trending in the markets and find out what our traders are watching each day! Check them out on the “Insights” tab.
New Year, same old all-time highs! Early morning market action points to an open at or above 2020 highs to kick off 2021. Expect a high volume opening hour as the large volume traders begin to stake out their positions to open the new year. Many retail swing traders will be slow to enter new positions in the opening hours, instead letting the big market participants tip their hand as to which way they want to start to carry the markets, with some paying special attention to options order flow over the course of the entire week.
From the entire team here at YouCanTrade, we hope you and your family have a wonderful 2021!