Daily Trading Analysis- August 20, 2018

Daily Trading Analysis- August 20, 2018

The market futures appear to be green today . I have a short term SNAP position I am hoping to cash out today . There are some good signs I may be able to close this position with a profit today .

Good signs :

1. SNAP is up slightly in pre market trading

2. Market futures are trending green .

Bad signs :

1 . Chinese social media company is in a downward spiral as much it may have a negative impact on SNAP .

For the rest of my stock holdings I don’t see any other catalysts – so will be a hold and watch for those stocks .

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