The S&P made another new high on Tuesday while waiting on the Dow and Russell to catch up. Buying the broad market isn’t something I’d do here, but if you know the individual stocks to focus on (like PTON) you can still make a great run in this bull market.
Zoom has been one of the hottest stocks of the year, and after reporting earnings after the close today, it is flying sky high, more than twice the move market makers priced in. Check out how Danielle traded the report, along with how to trade it tomorrow, here.
The S&P has been lackluster, but there are a multitude of setups due to the TSLA and AAPL stock splits, along with many short squeezes and COVID ticker rallies. Let’s look at PTON, CHWY, QTWO, NVTA, CVNA, SPOT, SHOP, and more.
With gold going neutral in an overall bullish trend, silver is keeping its bullish structure. But the risk in silver’s volatility can be a bit too much for some; here’s an alternative play in SLV.
Some interesting daily time frame setups are forming. Here’s what is on my longer-term radar.
In tonight’s free video we’re updating a running favorite and adding two new picks that’ll be worth considering over the next 3 months.
Last Friday we discussed the potential of a continued breakout in stock indexes, and the idea came through especially well. Tonight we’re looking at what that means going forward, and we review the technical setup of the most important charts.
With the beginning of a minor low pattern in place, I can look for a daytrade buy come Monday if certain levels are breached.
