Is the sell-off in the S&P just beginning?
The double top in the S&P was just the beginning. Double tops at all-time highs will test the conviction of buyers who are standing on shaky ground after significant miss in ISM.
Archives: Daily Videos
Early October’s watchlist will depend on the stock market follow-through.
The sell-off in the equities market will be tested tomorrow, since follow-through to the downside has been difficult to come by. If the buyers are spooked by the ISM data, then our watchlist is going to be built to take advantage of risk-aversion.
Base Building + Bonds
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Daytrading Triggers Today
The breach/retreat with directional bias approach worked perfectly, and here’s how I set these up each morning.
Preparing for October.
I outline the details of today’s breach and retreat as well as HPMRs and walk through what the crude oil and copper markets say about what we could see in the next few weeks.
Potential Opportunity in the Semis
I like the pullback we are seeing in SMH, and I like a couple of relative strength names for a potential trade for the run into earnings. Let’s look at SMH, LRCX, TXN, and AMAT.
Beginning to Focus on Earnings
The market held up well today, but I’m seeing clear heroes and zeroes. Let’s look at some of my favorite run into earnings setups in AKAM, MSFT, GOOGL, and AAPL, as well as some not so hot tickers I’m going to avoid for this trade. We will also discuss defense and semiconductors.
Base Building Bulls
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), Mastering the Trade Room (Monthly), Voodoo Mastery (Quarterly) or Tr3ndy’s SPX Alert Service (Monthly Trial Add-on), or log in if you are a member.
