Taking out the lower levels
In this video, we look at the hard selling we are seeing in the overall market. This started with the Nasdaq and has bled over into the S&P. How much more to expect and how to play it?
In this video, we look at the hard selling we are seeing in the overall market. This started with the Nasdaq and has bled over into the S&P. How much more to expect and how to play it?
UNP is a ROYAL setup that has triggered on a 5 minute chart. Your risk is defined.
We have officially entered a trader’s market.
There are plenty to choose from, just not necessarily where most traders are looking. Here’s what’s on my radar.
What does this mean and how is it the not-so-secret “secret” to better watchlist building in this environment?
GameStop and United Natural Foods are both setting up for a Run into Earnings. Yes, they are volatile, and yes, they both have high short interest, but they also have solid statistics backing up the trades — if you can stand the heat. Check out some options in this video.
Sell in May and Go Away is coming through, at least in the Nasdaq, but the S&P and Dow have held up strong. However, I think that is about to change. I am eyeing pullbacks in all three indexes, and looking at key levels to start buying down below. Additionally, there are key earnings reports coming up in several tickers, including RBLX which reported today, PLTR, DIS, YETI, SONO, and more. Let’s talk about what I’m doing with them and why.
I talk about setup zones on the Daily and the 120. Please be careful though… the 5 and 13 are crossed to the downside, we are now under the 50, and the only moving average on the bullish side is the 200.