Why Is This The 2nd Week In February All Over Again?
You can almost hear the music lulling retail traders into complacency….
Archives: Daily Videos
Crude, GOOGL, and Gaps
With the API to EIA psychology in play, I take a look at how the API sets up for tomorrow’s EIA release and why RBOB may be a place to look. GOOGL levels and the NQ as well as how we’ve been playing gaps and this morning’s daytrades are also part of today’s discussion.
Tail Wags the Dog: NQ and Alphabet
This is the season where the high concentration weighting of the indices and ETFs becomes a major driver for volatility. In this video I discuss whether the best setup post-GOOGL is in the NQ reaction or GOOGL.
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.
Watching Earnings like a Hawk
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.
Patterns to Watch: ES and ES
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.
Daily Ranges and Daytrading
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.
The Next Move in NFLX
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.