Archives: Daily Videos
Will This Sell Signal Follow Through On Friday?
We head into tomorrow with everything tee’d up and ready to go…
This Is What Is Going To Drive Wall Street’s Next Selling Wave.
Even though earnings are decent, this is what will break the backs of buyers.
Morning Session Daytrade Process
Having a process for directional bias and identifying exhaustion levels is the key to my morning entries, in this case, on yet another big Initial Claims number. It’s tough to fade the strength on Thursdays lately, but that is exactly what we did.
Daytrading Directional Bias plus Setups in SMH and EWY
Today’s early trading sentiment was slightly bullish to neutral, so we were open to shorts but would have preferred longs. The shorts had proximity and were the only setups I had… and then GILD came along and shifted sentiment on a dime. Here’s how the daytrading bias helped us as well as remembering that we short from the top of the range and buy at the bottom… also I am watching SMH and EWY for shorts positions.
Will The Bounce Last?
In this video, we talk about the rally we have seen off the lowest and what is driving it. Will we keep going and is this sustainable?
Time for Caution
Crude Oil Chaos: Try this instead.
There is a lot of interest in the energy sector and for good reason. Historic moves! But there is also a lot of volatility left in the wake of the May contract chaos. But there are places related to crude oil that are retaining more normal volatility and structure. I explain where and what in this video.
Directional Bias for Daytrading and Crude Oil Alternatives
Two big topics here today: How and Why did we short RTY and buy NQ? Two solid trades. Directional bias and post-gap momo was the key! Also, with all the talk and volatility in crude oil, how can we take advantage of this narrative but not get caught in crazy negative moves? Well, first of all, don’t get long in a downtrend (!!!) and second, let’s look at some alternatives.