Beast Of Burden
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.
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.
Stocks managed to dodge bullets this week and closed strongly. Will this continue? Seems unlikely without some volatile chop first as the risk signals from last week’s video remain active. However, there are some good looking setups to review.
As we trade into the end-of-month historical “redemption window”, the weakness this week told us a lot about where buyers are seeing a buyable discount in this market.
Keeping it nimble and short-term will continue to be a good strategy as we head into the end of month recalibrations.
RBLX has had a nice bump lately, but is now getting into resistance, so be a cautious bull.
Stocks staged a respectable rebound from Monday’s low. As the best stocks begin to show leadership there are two I’ll be looking to buy.
It’s said that Phoenix stocks are the first to rise from the ashes, and after a sharp drop to start the week we’re starting to see some of these names show up. Let’s review the indexes and levels for tomorrow along with some of my favorite picks for next week.
A classic daytrading setup is to wait for the market to reveal the direction it is most likely to continue on. But there is a twist: Wait for a retreat.
Post-Powell, equities seem to have settled down after Monday’s sell-off. Here’s what looks actionable as the dust settles from a volatile week.
In today’s video, we look at the crazy price moves this week from Chinese real estate to the FED and everything else in between. Is the craziness over, or just beginning?