Archives: Daily Videos
Best Charts Now And That Psychological Reversion To The Mean?
Everything reverts to the mean — including humans.
Three steps to getting your bearings in this market
It may feel like being seasick in this market, but you can get your sea legs if you can get your bearings. Rough seas… but you can not only survive but thrive in choppy markets. I walk through the three things I have done throughout my career to keep my bearings in any kind of market. This is not about trading just this environment, it’s about the timeless steps we can follow to handle any environment.
How to use Darvas 2.0 to momentum trade
Yes, we can use a 60-year old tool to find levels for momentum breakouts. The Darvas 2.0 identifies these levels, and I show you where you can look for these triggers in today’s update. This is a RARE moment where I discuss momo trades! Enjoy.
Key Sectors + Levels to Watch
Market sentiment is weak, macro conditions continue to worsen and geopolitical risks are high. There are only a few relative strength areas of the market, including gold and energy, but beyond that, everything on my radar is looking for more downside. Let’s talk about tech, semis, staples, and more.
Big Day For the Bears Today
Today was all sell side for the US equities. Begs the question: did the bulls even show up? The idea here is to lay out a plan for tomorrow & the week going forward.
Sell Bounces
The current chart structure suggests selling bounces so long as Fibonacci and Voodoo Lines resistance holds.
Trading Dicks Sporting Goods (DKS) Post-Earnings
I like this company, but the technical pattern is telling me that there could be a potential opportunity to short this company post-earnings. Investors have sent it down, 9.3% today — much more than the market as a whole. This tells me anticipation is weak, and with an expected move of $10, this ticker could easily break to new lows not seen since May of 2021. For these reasons, it’s on my list of potential earnings explosions. Let’s talk about how we could potentially trade it.
Getting Ready for the Rotation
Tonight I want to offer some ideas for existing trade management as well as some ideas to be prepared for when we start to see some rotation away from the existing/ongoing trades.