The next big move is coming.
Today the SPY had 16.7 million LATE sell prints at 384.83 & it looks like the inverse cup & handle is back in play.
Today the SPY had 16.7 million LATE sell prints at 384.83 & it looks like the inverse cup & handle is back in play.
With GOOG, MSFT & META now behind us, who’s next? AAPL & AMZN followed by FOMC & NFP batting clean up. What a line up. Not an easy call, but I’ll do my best to navigate the anticipated volatility.
With the current rally, what has kept me from expecting significantly lower lows. Just one thing: Volume.
With the panic levels higher than I can recall since the 2020 sell-off, what are the clues that the support in the current environment could hold?
Earnings can be a bit of a coin toss, but with some careful measurement and the right strategy, we can tilt the odds in our favor during these high volatility events.
In this video, I walk through two different ways I would consider trading earnings this week. I specifically focus on GOOGL in the video while walking through the two different trade ideas.