Morning Market Thoughts

by DAN Good morning.

Just a couple of comments before I get back to prepping for today’s training workshop at 12 noon (ET), 9 am (PT). We’ll be looking at methods and tactics for trading the first hour of each trading day — which I call the “Hour of Power.” The most frequent questions I receive from members pertain to the dislocations and opportunities that occur on a regular basis after the opening bell. So I’ll get into this profitable topic in just a few hours. Hope to see you there.

One little tidbit of news today is the record $2.7 billion antitrust fine levied on Alphabet (GOOGL) for manipulating search engine results. I could write a policy paper on the implications of search result manipulation by Google. In 2000, “Don’t Be Evil” was the mantra of Google, being featured prominently in its code of conduct. When Google changed structures and became “Alphabet”, “Don’t Be Evil” disappeared from company policy.

Is anyone surprised? If nothing else, at least management gets credit for being honest about it.

See you at the training session today.

–Dan

(If you haven’t taken a free trial yet, you might want to check it out this morning so you can attend the class.  Here’s the link – https://stockmarketmentor.com/member-signup/?coupon=freetrialwebinar)

Market Update