Crude, Oil Stocks, and More Weakness
Despite Jerome Powell signalling that the printing press is going into overdrive, the markets were disappointed as the trade war narrative took a nosedive and geopolitical concerns took the lead.
Archives: Daily Videos
12 hour base is ready
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Shorting the Cloud
Cloud computing has been hot for awhile, but when it started losing steam, it really started taking a dive. Let’s look at options to trade this to the downside.
Halting at 2950
We are at a key decision at 2950 in the SPX, and so far we haven’t been able to get through this area with momentum. Let’s look at a couple key sectors and industry groups, such as SMH, SKYY, NDX, and more, for specific trades.
Finding Your Relative Outperformance Edge
This is the foundation of my watchlist building as well as how I ascertain what a broader average or sector may do next. I walk you through the Dow in this example and the setups that look best after today’s action.
Relative Performance in the Indices
Today’s action is very bearish, and while the broader averages do not reflect enough bearishness to justify a downtrend … certain sectors and stocks do. Here is what is on my Radar.
Base Survives Weekend, Now What?
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.
