Morgan Stanley (MS) has been struggling since late April/early May but now the charts and indicators are finally suggesting that a move higher is possible. Let's drill down on our favorite charts and see if we can propose a new strategy.
More from Investing
The price action tells me that traders are anticipating a strong earnings report Tuesday.
The prospects of dating site operator Spark Networks and chemical producer Olin Corp. should improve as the economy opens back up.
Let's hope that the violence subsides, the valid voices of peaceful protesters are heard, and the lack of social distancing protocols does not lead to a resurgence in the spread of the virus.