Mastering the Trade daily video Sam Shames

Microsoft Has The Best Score And It ‘s Not Even Close

I closed out the week with a look at the one thing on my board that has both a high score and squeezes behind it, and it is the Mag 7 index. I see a path to a blow off top in tech in October, but it runs straight through the bond market cooling off. The best read by a wide margin is Microsoft, and I give you the exact trade my sheet is suggesting.

Heather Vanek Simpler trading Mastering The Trade video thumbnail

Fakeout Breakout

Snowflake (SNOW) is setting up with multiple squeezes across key timeframes, and it is one I am watching closely for a potential move higher.

Mastering the Trade daily video Allison Ostrander

Take The Win Here Before This Range Bites

We have been stuck in the same range since August, and today we moved less than 26 points. Squeezes are stacking across the board, but the weekly Bollinger Bands are flat and momentum is showing exhaustion, so I am taking the Fed runup profits and waiting for either the break or a pullback. I also walk through an XOM scalp off the $163.54 Divergent Bar target.

Mastering the Trade daily video Danielle Shay

The NVDA Squeeze Is About To Fire

The Nasdaq closed up 2.89% on high volume, the VIX is back under 15, and the S&P is 30 points from a new all-time high. AMD already broke out on climbing volume, and I think NVDA is the next one to go. I walk through the $230 breakout level, my $250 and $260 targets, and the three ways I am looking to trade it.