If Your Broker Likes A Stock, Here’s What You Do
If you’re looking for a bread-and-butter strategy
to use every day, this might be one to consider: news reversals. Today, Merrill
Lynch upgraded Williams Sonoma to a “Buy” from
“Neutral.” Big deal, right? Well, it can be. Many times these
brokerage opinion changes provide great opportunities — but not always in the
direction you might think.
TradersWire
members were alerted early this morning:
09:37:05
Intraday
Setup Alert
Williams Sonoma (WSM)
will trigger a News Reversal if it trades below 27.45. WSM
is up 0.57 at 27.67.
After triggering, the stock fell for more than a
.75 gain on the short side.
Every day there are opportunities like this. You can see some of them in
TradersWire, or you can get the full list of all the potential news reversal
candidates every day right
here.
See you tomorrow,