Ready for Rotation?
Bears sunk their teeth into the market before heading into the 3 day weekend, but there were a few areas of strength that might be worth looking into.
Bears sunk their teeth into the market before heading into the 3 day weekend, but there were a few areas of strength that might be worth looking into.
Stocks rallied into the middle of the week, then the Nasdaq fell 10%, leaving many questioning the reliability of the current trend. There’s a few warning signs we have to make note of, but there’s also a few things that might be worth buying. Let’s have a look at both.
As we go into the long weekend, let’s look at the sell-off within the perspective of the current uptrend and historical volatility.
I will be focusing on the double green indices, sectors, and double green stocks for next week.
This is the QQQ put trade we did today and why we did it.
After exiting the last of our longs on Wednesday, what do we do now?
Using the December Silver contract to set up the 16 OCT SLV Calls. In this video, I will show another way to use daytrading tactics to enter a trade using momentum to gain an advantage for order entry.
There are days we are on the anomaly side of the probabilities, and today is one of them, so we SHIFT to the longer-term and take advantage of trend following corrections.
In this video, we look at today’s big rip higher and the levels we are hitting. We are getting very stretched, and we talk about a possible pullback and what that might look like. In addition, we talk about upcoming events to watch for.