Two Possible Setups
As the uptrend transitions into distributions, is this really a precursor to a downtrend or is there another scenario? I share both scenarios and setups in this update.
Archives: Daily Videos
Daytrading through Transition
First we explain why transitional markets are difficult and why daytrading through this brief period makes sense.
Looking for the Next Bounce
After another nasty sell-off with tech leading the way, I’ll be looking for a bounce and getting ready for the next shot lower. In this video I also discuss being long honey badgers like TSLA and NFLX.
Index Sell-off, what next?
Today we see another index-wide sell-off. In this video I throw out some ideas worth exploring when the market changes personality like it’s doing now.
Setup in UPST. 10/5/2021
UPST has a nice cluster of support and is a royal setup. Be sure to wait for triggers.
Crude oil and oil stocks setups to watch
With the OPEC event sending crude oil higher, the gasoline and heating oil markets are also fair game as well as specific oil stocks. Here is what is on the radar.
How to trade trend transitions
It’s by far the most difficult market to trade, however, this is where having a handful of ways to see the transition helps us manage expectations and our watchlist.
Don’t Stop The Music
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.
Last Resort
Signals are for an oversold bounce next week, could be 100+ points in the SPX, but trouble lies ahead once the oversold bounce is over. Let’s review.