What’s one more day?
For such a weird opening to a short week, I’m trying to give this market one more day of selling, so let’s discuss.
Archives: Daily Videos
The Indexes are Breaking
Bank earnings will kick off this week, and from the way in which the indexes are acting, investors aren’t anticipating earnings in a bullish light. The 10 year shot higher again today, which resulted in technology breaking lower, and sending the Nasdaq through key support. Energy is holding up alright, but there are a few warning signs I’d like to point out. As of now, most of my setups are short setups to the downside, as I focus on earnings destruction candidates this earnings season.
Betting Against Boeing
Boeing has struggled for several years, and at this juncture, I can’t imagine their situation is improving. With the current setup to the downside in IYT, plus inflation, supply chain issues and rising prices of so many key components, I am eyeing more downside for Boeing. Here is how I’d trade it.
This is how we wait
We have a pretty key level that could ultimately bounce pretty hard, but we’re waiting for that opportunity from /NQ 13,800. If we get it you know what to do, cautiously buy the thing. Let’s see what a down move tomorrow would mean for heading into the rest of April.
April Showers II
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.
Don’t Fight The Fed (Up or Down!)
Market trends are narrowing to a few select sectors, but those sectors have clean setups in a market that is not broadly trending… let’s find where these are and the best setups inside the group.
Back and fourth market
The markets been back and fourth, I’m trying to give this market a chance for more selling before we buy it, let’s try to make sense of it all here.
All that Glitters is Gold!
In today’s update I give a review as to how I am looking at equities on the markets. More importantly though, one thing I’m looking at is Gold, it’s glittering.
The Boats Vs. The Tide
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