Archives: Daily Videos
The S&P Cannot Break 7,800 And That Is The Warning
In this video, I show you where I actually want to buy the S&P and the tight stop that comes with it. I also review how the XOM trade from last week’s video paid, then lay out the MRVL broken wing butterfly I am eyeing for the October monthly.
NVDA Got $150 Billion And I’m Still Not Buying Here
The Nasdaq closed down about 1% today and the 10-year making another new high is the reason. Underneath it, the squeezes are still building and energy looks ready for another leg higher. I walk through why I am still holding my Nvidia shares into the $150 billion buyback, and why I want a pullback before I do anything in the options market.
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.
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.