While I’m focused on short-term trades while the action is mixed, a handful of the most important tickers in the market are forming squeezes on large timeframes. These can eventually make for some great moves, so let’s dive in and take a look.
Inverse trampoline signals are showing up across the indices just as we head into September, seasonally the weakest month of the year. In tonight’s video I break down Warsh’s hawkish comments, the QE push-pull holding this market up, and why I am taking profits on crypto instead of chasing.
In this video, I walk through a potential bullish trade on TSLA with great risk vs reward. I also share where the idea would be wrong, identifying an area for a possible stop out if price pulls back instead.
Starbucks isn’t the most exciting name I’ve ever traded, but the current formation of the daily Squeeze might suggest a caffeine rush is on the way.
