Setup in AMD. 5/4/2021
You do not have the moving averages on your side, but your risk is defined in AMD. Be sure to wait for triggers.
You do not have the moving averages on your side, but your risk is defined in AMD. Be sure to wait for triggers.
Zillow has an earnings report coming up, and judging by my Hot Zone stats, it also has an earnings trade potential. Check out the video to learn how I’m going to trade it tomorrow.
It’s the first week of May — a time that historically sees selling. However, the S&P is hovering around new all-time highs while the Nasdaq experiences a Faangover. Let’s talk about the tickers that are pulling back, along with key earnings opportunities in UPWK, ATVI, CZR, Z, and more.
Dips are retracements, pullbacks of the trend; the NASDAQ is still very much an uptrending market.
Euro and Aussie are up next for buy setups, and the NASDAQ has traded down into our “buy the dip” zone.
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.
We have seen good signals for the past two weeks, but going into next week the signals have shifted. Let’s review the signs and check out our watchlist.
I break down the tendency from the trend and share the outlook I have as we near the summer trading season.