Walkthrough Today’s Daytrades
We had a great day of daytrades focused on the NQ, YM, and RTY, as well as QQQ and DIA options. I walk through the nuances that will allow you to handle tricky mornings like today.
Archives: Daily Videos
AMZN is Heating up
The Nasdaq, along with several key tech names including AMZN, entered the Hot Zone and began taking off. Let’s look at this breakout along with some key parameters for how I’m going to trade it.
Crude Oil Crash or Correction?
In this video I examine the trend, VWAP, volume levels to watch, as well as the seasonality in crude oil.
The Hot Zone is Heating UP
We are now within a 21 day timeframe prior to many major tech earnings reports, and that time frame typically comes with big moves in the Nasdaq. Just on time, the Nasdaq broke out and closed above the 50 SMA in what I’m viewing as the beginning of a rally in the Nasdaq. I also like the semis, which are strong here. Let’s look at MSFT, SNAP, ETSY, LRCX, and more.
Update on TSLA. 4/6/2021
There is two step resistance on the TSLA Daily chart. I also have a setup on the 30 minute chart. Always remember to watch for triggers.
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Inflation Rotation
SPX at new highs and Nasdaq not far behind. Inflation will likely be a big theme through the month of April. Let’s see how we got here, and what we might look for over the next 30 days.