Archives: Daily Videos
The Time Has Come
GOOGL and TSLA report tonight, and almost every major world index has daily and multiday squeezes. In this video, I will show you one over/under level on the QQQ to track, and a couple of ideas from the trade room.
Don’t Chase the Bounce, Trade The Cycle Low Instead
The cycle low is in and we got the bounce, but the S&P and the NASDAQ are telling two different stories heading into earnings. Tonight I discuss the 4-hour squeeze in the S&Ps, why the NASDAQ still isn’t out of the woods, and some notable earnings coming up tomorrow. I also cover Bitcoin’s run into its early-August cycle high, and the two liquid proxies I’d use to trade it.
The $QQQ Squeeze That Should Have Bulls Nervous
The rankings have us at market neutral, and the $QQQ is still the problem child, sitting under its 21 EMA and 50 inside a daily squeeze with Big 3 sell triggers stacked up. I’m staying patient on the index, but I do like the Bitcoin setup here, enough that I’m buying a couple of micro Bitcoin futures contracts. The whole thing hinges on one level: can they hold the $QQQ above $680?
SPX Top Triggered, Now What?
The market finally let go, and it started under the surface long before the S&P noticed. In this one I break down the S&P losing its hourly 50 as Moxie fired down, the MAGS getting knocked back from a previous high, and the VIX triggering higher. Even AMD and Dell have now lost the daily 50, which is why I am leaning short here.