If This Asset Class Breaks Out, Stocks Are Toast.
There’s no need to watch the news, as this will tell you everything you need to know.
Archives: Daily Videos
A sector picker’s market
You’ve probably heard of a stock picker’s market, but what about a sector picker’s market? With major averages in distribution aka chop, knowing what the heavy weighted sectors are doing will be vital to finding the best setups and understanding what the indices are likely to do next.
Macro Market Deep Dive
With the distribution chop, we are not looking at the markets divided… weakness and “sell the rip” in specific sectors and stocks while others are still bullish and can be bought. The sectors will tell the story and help you build a bullish and a bearish watchlist.
The EKG Market
In this video, we look at the back and forth action with the market that leaves us in limbo. We continue to have head fakes and fits and starts up and down with no real trend at all. How do you trade a market like this? I go over thoughts and how I am handling it.
Dazed and Confused
In this video, we look at the back and forth action with the market that continues to leave us in limbo. We continue to have head fakes and fits and starts up and down with no real trend at all. This market is tough to trade, but thankfully my style of trading fits well with this type market and we continue to have good results. We discuss how to trade this and also I show a set up for a hedging trade in the SPX for very low cost.
Key Support Levels in S&P and NASDAQ
Whether these indices transition into distribution or a downtrend, these support levels will be in play.
Distribution trends and markets in play
From ES, NQ, and XLK buys, to XLI shorts and energy long setups… there is a lot going in the markets as we navigate through October.
Setup in HD. 10/7/2021
HD has a nice cluster pullback inside of a larger swing. Be sure to wait for triggers and also be aware of resistance on the way up.
Considering Crypto?
If you haven’t waded into the crypto space yet, there’s no time like the present. Let’s look at a technical perspective that the two majors have been doing a good job of respecting and the path they suggest into the new year.
3 Points of View
What the market is going to do next is all a matter of perspective. I’ve been applying a monthly, daily, and 15 minute approach to the current markets, and I think that’s a helpful way of making decisions in this environment. Let’s look at what that means and how it may apply into October expiration.