Daytrading Triggers Today
The breach/retreat with directional bias approach worked perfectly, and here’s how I set these up each morning.
Archives: Daily Videos
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
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Daytrading Breaches and Hourly Price Movement Ranges
Getting an early edge using the clearing range breach, we were already bearish going into the US/China news. Having directional bias is the key, and I explain how to do it in this video.
The tops are holding.
Despite the on-again off-again US/China trade narrative, the tops in the broader averages are holding. I also have my eye on a few softs.
FB: Then and Now
I looked at FB several weeks ago and thought it was ready to break down. It then promptly rallied for 3 weeks, but setup a nice short for us on Tuesday and may have more room for bears to step in.
The Breakdown in AMZN
I’ve been focused on AMZN this week, in a pattern I thought was ready to break down. After getting through “Alexa Day” the selling became more relevant. Let’s review this trade, our UBFly in SHOP, and everything else that’s been a part of my portfolio.