Buy the Dip. Here’s How.
The relative performance in the NASDAQ and semis now has even more company with the S&P and financials. After long positions triggered last week in QQQ and SMH, here’s the next round of buy the dips on the radar.
The relative performance in the NASDAQ and semis now has even more company with the S&P and financials. After long positions triggered last week in QQQ and SMH, here’s the next round of buy the dips on the radar.
After a tame CPI report, bonds took off and the shorts scrambled to cover equity short positions. Usually, these blow-offs take a few days to stop going up, but the expiring of VIX options tonight might help weaken markets tomorrow.
After some big time buying on Friday, the market took a little breather today. Will we see more upside this week? Here’s what I’m looking at.
TSN has been on a downhill spiral, and earnings couldn’t save the chart. It’s in the midst of an Earnings Destruction move, and I think there is more downside ahead. Here are the key levels I’m watching, and how I’m trading it.