Archives: Daily Videos
The Next Leg Higher in Utilities
Today I’m focusing on a move higher in both the Sector SPDR utilities sector, XLU, and one of its companies — EXC. Let’s look at the technical patterns and squeezes across multiple time frames.
Waiting on Earnings
The S&P has been pretty stagnant between 2,885 and 2,915 — and many of the tickers we are looking at just continue to squeeze. While it’s slow, that also means they will break out — in a big way. I’m looking at earnings to be that primary catalyst for the breakout. Tomorrow, we will get results from UNH, BAC, JNJ, and NFLX, which will move the market in a critical way. Let’s look at these, and review AMZN, ADBE, ETSY, NKE, PANW, SNBR, SQ, TWLO, YETI, and more….
Let the NASDAQ go first…
Why is it important to wait for the NQ to trigger entries? It’s the weighting.
Scanning for Trends.
Relative performance scans are a trend follower’s friend when it comes to being selective and putting a first class watchlist together. I cover that and the three types of calendars I refer to daily.
Majors Consolidate, But Will They Break?
Higher Highs
In today’s video, we look at what caused the big gap higher today to get us past SPX 2900.
Don’t Look Back