Archives: Daily Videos
2022… Party’s over, oops, out of time!
In this video, we look at today’s continued selling and the last several weeks of market action. What do we make of this market action and where do we go from here? As we go into the end of the year, we look at the charts and try to figure out if we go higher or lower and more importantly, what happens in 2023? Lastly, we go over a very unusual “custom” trade set up for the end of year and talk about why I set it up as I did.
All it takes is one. One setup, one trigger.
The idea that we must look at many symbols and many setups can be both unproductive and intimidating. So here’s how I traded with the chatroom this morning and the one trade setup that triggered.
Trend and levels to watch.
I am fine with the short term as we wrap up the year but what about levels in the Dow, healthcare, gold, crude, and more. Here’s what is on my radar.
Time to Buy TSLA?
Tesla shares have been going through a bit of a fire sale here lately, but that may finally be coming to an end. Let’s look at some levels that held today and what they may imply for trade into next year.
Watch the major index correlations.
Many correlated indexes that have not followed others tend to snap back in line. If the /ES stays down, then the /YM could test the last month’s lows.