E-Commerce for the Win
AMZN has been a clear leader in the e-commerce space, and it’ll face judgement day later this week. But what I’m eyeing is the rally into earnings we saw. Let’s look at how that could look in JD and BABA.
AMZN has been a clear leader in the e-commerce space, and it’ll face judgement day later this week. But what I’m eyeing is the rally into earnings we saw. Let’s look at how that could look in JD and BABA.
FAANG earnings are here, which means news, emotion and — volatility. There are a host of earnings setups, in addition to momentum moves. Let’s check out TSLA, MSFT, AMD, WORK, JD, BABA, PTON, and more.
When most traders see “patterns” they think of setups and entries, but what about those patterns, those cues, that tell us that something is not quite right? These are just as valuable to recognize. Today the ES and NQ flashed the pattern of caution. How and why are explained by looking at the way they diverged and what sectors within the ES to watch when this happens.
With the daily time frame chop inside a wider range, the daytrading has been a great way to wait out the bullish retracement and wait for another opportunity to short this market. A big week of earnings and the FOMC ahead. If traders are going to be disappointed, the technicals are saying this is the price zone in which it will happen. I also walk through gap setups and what to watch for in this video.
NFLX was quiet after a solid earnings report this week, but it may not be done just yet. There are a few signals to be aware of as we get into next week that might give us the push to another new lifetime high.
Stocks held on well during Friday’s session, and I’m entertaining the idea that the indexes are getting ready for another leg higher. We’ll have to stay inside some particular patterns, but if we do, these are the setups I’ll be trading.
This is one of my favorite setups. On days like today (end of week and mixed market signals it’s tricky) but none-the-less an important one to keep an eye on!
This is a mini bootcamp on the daytrading we will once again be doing this week. The daily charts of the indices are in chop and reaching towards the upper ends of their respective ranges; it makes sense to be nimble. This is how we do it.