Archives: Daily Videos
One More For Opex?
The market is as noisy as it has been in a while, with correlation so low that stocks are diverging even inside their own sectors. So I am cutting through it by focusing on the one chart I see most clearly: SPY, closed 90% bull with a daily squeeze. In tonight’s video I cover the bullish seasonality into next week, a yellow-light divergence on the Nasdaq, and the setups I am watching including UPS, DELL, and AMD.
The Market May Be Setting Up For A Bigger Correction
In this video, I’m watching the potential for a bigger market correction, but I do think the timing may still be a little early. I break down why rising 10-year yields, July expiration, and the VIX squeeze are important signals to monitor over the next couple of weeks as the market decides whether volatility is ready to expand.
This TSM Pullback Could Set Up The Next Move
In this video, I break down why I’m watching TSM again after its pullback into key support near the 30 SMA and Voodoo Line levels. I’m looking for a potential bounce toward $450 first, with the possibility of a larger move toward $480 if support continues to hold into earnings. I also walk through a few defined-risk ways to approach the setup, including debit spreads and a broken wing butterfly, while keeping $417 as my line in the sand for protecting capital.