The Selling Persists
Lower lows again today as nearly everything appeared to be on sale. Let’s see if AMZN tonight and PCE in the morning can offer some relief.
Lower lows again today as nearly everything appeared to be on sale. Let’s see if AMZN tonight and PCE in the morning can offer some relief.
Weeks like this one are difficult for sure, and it’s not about long-term outlooks but rather near-term relative performance. In this update, I share step-by-step what has been the best mover, how to find relative performance, and what the time horizon has been on the best trades.
The Bulls are running out of time and cutting it close if they want to pull out a late stretch win. Let’s look at what that may look like in tonight’s update.
In this video, we go over today’s market action and the continued downturn we are having. The NQ crossed over into correction territory today with over 10% down move since the high in July. The overall market is looking very weak, and we will discuss what to expect and how to hedge it. I show 2 examples I used in the main room and you can take these and duplicate them for yourself.