At the time of publication, Fitzpatrick was long XXX, though positions may change at any time.

Dan Fitzpatrick is the publisher of StockMarketMentor.com, an advisory newsletter and educational forum dedicated to teaching effective risk management and trading methodologies to aspiring traders and investors. He is a former hedge fund manager and a member of the Market Technicians Association, and he now trades from his home in San Diego, Calif. While Fitzpatrick holds various securities licenses, he does not give recommendations to buy or sell stocks. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. He appreciates your feedback; click here to send him an email.

If you liked this article you might like

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Deutsche Bank Job Cuts Could Mean Fatter Paychecks for Survivors

Jim Cramer: You Have to Decide If You Want to Profit From This Moment

Jim Cramer: You Have to Decide If You Want to Profit From This Moment

Use My Knowledge to Buy Wisely: Cramer's 'Mad Money' Recap (Thursday 2/22/18)

Use My Knowledge to Buy Wisely: Cramer's 'Mad Money' Recap (Thursday 2/22/18)

Video: Jim Cramer Reveals Why His Charitable Trust Bought Goldman Sachs

Video: Jim Cramer Reveals Why His Charitable Trust Bought Goldman Sachs

Financial Stocks Make Great Buys After the Recent Market Downdraft

Financial Stocks Make Great Buys After the Recent Market Downdraft