Daily Videos Archive

The Highs and Lows: Stocks and Commodities

Following The Consumer Price Index (CPI) report, tech stocks began spiraling while commodities like gold soared new all time highs.

The laggards had a huge day today, as traders bought the beaten down stocks, and sold the techs.

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While tech and semi stocks have dominated the market, there’s a setup in $DIA that could be poised for a rip higher. Let’s take a look.

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I like seeing indecision candle stocks, followed by downside red candles when looking for tops. That is what we saw today in MSFT and others.

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