On today’s video I talk about two stock plays and one ETF play that you’ve heard me talk a lot about in the past. The two stock plays are Wynn Resorts (WYNN) and TransOcean (RIG), the ETF Play is TBT. I have been able to move my stops up on both WYNN and RIG to lessen my risk, so please do me a favor and be sure to watch the video. TBT is opening up today above nice resistance on the daily chart, so let’s see where it closes today. If TBT is able to close above 69.15 today that will be very positive – so let’s see what happens. Have a profitable day and a great weekend and I hope this video helps you in your own trading.
Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.