Setup + trigger = trade entry. 7/21/2021
In this video, I go over what a trade setup looks like as an example of our trading plan.
Archives: Daily Videos
What intraday setups I will be looking at tomorrow
Stick with the playbook. More long setups as the market recovers from Monday’s sell-off. What levels are key to upward progress?
Longer-term time horizons and trends
While there is some fear about lower lows, trends on daily and weekly time frames are still intact. Trading and portfolio building are not that different.
Opportunities in Cyber Security
With today’s pullback, two of my favorite cyber security names are setting up again. Let’s look at NET and CRWD and talk about some investments and trades.
Is the FAANGover here to stay?
The indexes normally pullback around FAANG earnings time, though this time they got a bit of a head start — prior to earnings. That means we are already experiencing volatility and haven’t even begun getting through reports from the likes of NFLX, TSLA, DHI and more. I am focusing on identifying pullback buys for a run into earnings, trading earnings, and picking up stocks on this pullback. Check it out in the video.
Turnaround Tuesday Levels
IF we are going to see a rally from the Monday sell-off/retracement then there are some key levels and patterns I am looking for. Here are the scenarios… including sectors to watch.
Is it time to buy the dip?
Buying weakness is not what “buying the dip” is and doing so will get you into trouble. The sellers finally got their bearish day and I am happy for them because it tees up our “bluelight specials” in healthy trends.