After attempting a comeback to 3,200 levels, the S&P wasn't able to finish above 3,100. It did gain 1.8% for the week but new covid fears dragged gains. This past week we didn't actively trade but instead finished our Financial Movers SMA tool. We're excited to get in launched next week and in the hands of all financial movers. 

Bulls have risen with a vengeance. The S&P was able to do an impressive 2.4% bullish U-turn and end in the green today. Once again, the Fed stepped in and saved the day which caused the U-turn. We're liquidated, but now we're looking to bargain buy since last week's sell-off. TJX and SBUX are two of our six for the week.  

After a brutal week for bulls, the market is attempting to consolidate on key levels. We were able to escape part of the blood bath and liquidate 60% of the Financial Mover portfolio for a gain. If there's a dip then we have cash and we're buying it! Tech and consumer staples were able to drag the market out of the hole this past March and we expect these companies to lead our portfolios into more gains. 

The S&P 500 has officially erased all of 2019's losses. It's hard to believe, but the index is only 4.7% away from reaching its all time high. Unfortunately not all stocks are winning, but our picks are. We're 6/7 this week and have added four more stock to this week's watchlist. 

This past week, the Financial Movers Stock Watchlist went seven for nine. We averaged a 6.62% gain per trade and beat S&P 500. Hard work pays off and we've continued to work hard to compile next week's stock watchlist. We have nine stocks from four sectors ranging from Fiserv to Colgate. This is Flash Friday. 

Is the stock market a bubble? Maybe, the dot-com bubble inflated for 18 months before it popped. Don't just watch the bubble get bigger; help it grow! Our stock watchlist from Sunday is up 4.47% the week and gaining. We've added more to the list as the S&P keeps gaining. HST, SBUX, and TTWO are three of our eight that we're watching as the week continues. 

We've updated our Financial Movers Stock Index and are beyond excited to get results this week. Stocks appear to potentially be over-valued because they're trading over many moving averages, but it could also be the kickstart of a massive bull run. NFLX and CXO are trading between 20/50-day moving averages and look to be near breakouts. 

Our 20/50-day moving average strategy is testing out well. The S&P 500 finished up 1.36% this week and the dow 2.44%, so we have the momentum behind us. Markets were down today while waiting for President Trump to speak on China, but did a reverse after his press conference. It'll be interesting to see if stocks can keep the momentum going into Monday. 

Currently, we're testing a 20 and 50-day moving average strategy that has been getting good paper results. Also, trading isn't about winning or losing. It's about risk management. Wins will come and so will losses. It's hard to mitigate the two. What you can mitigate is risk. 

Memorial Day 2020. We're pulling the classic "working on a holiday" because we want GAINS. Futures are up, but are they just drunk from the holiday? We'll find out this week. Kroger, Citigroup, and T-mobile are on our watchlist plus three more for this week. We're ready to rock out with our chickens out.