Archives: Daily Videos
Shake It Off
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Torn between two Voodoo Lines
Firelines are the most significant levels within the Voodoo Lines indicator. So when a major index nears one of these firelines, we take notice. We have two indices currently in close proximity to these important levels.
Dancing through a minefield
Looking For Bull Flags in All the Right Places
Many smaller cap stocks are forming 4 hour bull flags. If the overall markets don’t crack next week, I will continue to buy the ones that break up, like PLBY did today.
Energy leading the way in December?
In this video I outline an argument for continuing the trend of the market moving sideways to higher. Specifically, we look to energy to lead the way as the Squeeze Pro has a lot of compression for things like XLE and even more so OXY and XOM.
Beam me up!
In today’s video I walk you through a tale of caution, which is, look out for a bear trap on Monday. Anything that is convincingly bearish is just a charlatan, and should be seen as a buying opportunity. We are very much above all checkpoints that confirm a bullish trend and we need to respect it.
Friday’s Finest
As we head into tomorrow’s employment data it’s hard to know exactly what we’ll be presented with in stocks, but if bulls are still in charge, these are 3 of my favorite picks.
Key Technical Decisions
It’s fascinating how markets can move into a technical crux (like the SPX trendline) just ahead of key economic data (non-farm payroll due out Friday morning). It’s hard to know how or if these patterns will break, but there are setups in individual stocks that you’ll want to have on your watchlist for the open. Let’s dive in…