Archives: Daily Videos
It’s All About The Overnight Gap
Chips Just Broke, And New Lows Might Be Next
The Nasdaq had its worst day of the year, and today’s bounce didn’t fix much. Everything now rides on Sunday night’s gap. I walk through SMH, Nvidia and the trades I like in MCHP, Microsoft and Amazon.
A Generational Dropping Of The Ball
QQQ Just Had One Of It’s Worst Days In 10 Years. What’s Next?
QQQ was down 6% into the final hour and broke nearly every key level, including the July low. The Big 3 Squeeze still hasn’t even fired yet. In the video I lay out the $625 to $600 downside target, the $670 bear trap line, and the day trade setup I’m using until it resolves.
Slow And Steady Is The Way
Is This Rally A Trap Before The Jobs Report?
Today’s rally punished the bears, but one outsized day doesn’t make an uptrend. Instead of panicking or chasing, I’m building two watch lists. Consumer defensives, healthcare and financials lead the bullish one, while the Nasdaq’s tech and communication names fill the bearish one.
The Market Is On Sale Before Midterms, Are You Buying?
The S&P 500 is back below $7,600 on midterm day, and the technicals lean bearish unless we recapture it. While that plays out, I’m building a watch list of True Low discount buys, and Google and Walmart are the first two on it. Walmart just printed its first True Low since 2018.
