Does The Selling End Soon?
In this video, we look at the sell-off today and what it may mean for the overall market. We look at levels of support and resistance and try to make heads or tails out of the recent price action.
Archives: Daily Videos
Builders, Yoga Pants, & Stay at Home…
We’re seeing a setup in the indexes to retest their falling 21EMAs, or reversion to the mean. If that happens, there are some stocks we want to focus on like LEN, LULU, and UPWK that have strong setups to play higher.
Mean Reversions and Yellow Flags
The market indexes have patterns to revert and retest the means, 21 daily EMAs, but the backdrop is not all rosy. There are some yellow flags in the market in some very important areas, but there are also signs of higher prices first. Let’s dive in and review both the good and the questionable as well as some stocks with setups till week’s end.
Which parts of the NASDAQ look ready to rally?
Relative outperformance is the watchlist I rely on most. However, in a sea of indices, sectors, and stocks that are transitioning out of the trend and into chop, that watchlist is a shorter one. Here’s what is still maintaining strength in the NASDAQ.
NASDAQ Discussion: Daytrades and Daily Chart Trends
This morning the NQ was in focus for entries after the gap — I explain what I look for in a “gap” — and now we have a minor low breakout on the daily NQ and the implications are best for already strong NQ stocks and sectors.
Adjusting for Seasonal Weakness
Monday got off to a weak start, directly in line with what we covered last week and how we might trade after the witching expiration. Now we get to lay the plan from here and some of the best charts for this week’s trades.
Three Propulsion Plays
There’s a bull market somewhere, and in tonight’s free video we’re looking at the stocks that may fit the bill if you’re looking for something to buy.