PSA: Fade the Gaps
After a move higher in the after hours, the market opened above the close of the previous cash session, but gap psychology does require one more thing. I discuss that and the setup in this video.
After a move higher in the after hours, the market opened above the close of the previous cash session, but gap psychology does require one more thing. I discuss that and the setup in this video.
One of the most common questions I get is how do I fit trading into my schedule, and what kind of trading do I focus on and when? I answer all those questions as well as my longer-term trend watchlist in this video.
GME was up big today on news of a partnership with MSFT. Due to the high short interest involved this represents a trading opportunity — an opportunity to trade a short squeeze. Check out the setup and details in the video.
The market has shaped up, and I’m surrounded by setups galore — many of them high short interest. Let’s talk about ZM, CHWY, ORCL, SFIX, GME, TSM, and more.
In this video I walk through the morning setups so you can see the levels I look for every day for entries.
In this environment where the hopes of stimulus rally and crash the intraday flow, it’s best to be nimble and keep an eye on a curated news source, and keep a bullish bias.
Pullback in ADBE on a 30 minute chart for a new entry on a smaller time frame. Your risk is defined.
Stocks made a decent recovery from Tuesday’s selling, and we may have a key player with another buy the rumor story. We’ll look at that along with 2 other long term picks.