Mike Bellafiore was interviewed for Benzinga Premarket Prep this week.  He gave his trading thoughts on Weight Watchers, McDonald’s, SPY, American Express, MMM, ACAT, CTXS.  Here is what you can learn as a trader from this discussion:

• The reversal trade in WTW that Mike and SMB made and he is asked about in detail
• The key level to watch in SPY
• Why Mike was looking to trade AXP, MMM and ACAT on the short side
• The swing trade in MCD long that Mike described as an excellent R/R

*no relevant positions