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Sorting SOXX
The iShares semiconductor ETF made a new 52 week low week before last and if AVGO is any sign of things to come, we may see more of these components headed to lower prices.
To Trap Or Not To Trap?
Crashy price action ends the week with a notable turnaround at key levels. Will it be enough to stem the bleed? Let’s define both ranges so we know what to do next week.
One Air Bubble At A Time.
In this video I talk about how eventually we are waiting for another opportunity to short the markets down to the 2020 pandemics highs and lows in what could be another nasty Monday.
Catching Up On Gold
On Monday we discussed why Gold was at a level where it might bounce and it is, indeed, up from those levels. Let’s check back in and review what we need to see in order to think it might continue.
The Path of Least Resistance
With no better bounce than Thursday the path of least resistance is still lower. There’s always the chance of a short covering rally, but until price ignites that move, I’ll be looking for bearish extensions.
Tighten Up Your Timeframe
In the current market of follow-through and volatility, tightening the timeframe of our trade is a path to avoiding much of this. In this update, I deep dive daytrades from today and explain how and why these were valid trades and setups.
Breaking Down Further
In this video we look at today’s major free fall and look at the damage being done to the structure of the market. We once again find ourselves in a pivotal point of a bounce or failure and I think that even if we bounce, we fall further. How do you trade this mess, and can you actually make any money in this type of market?
Home Building Bears
Top down analysis is one of the best things you can add to your trading decisions. With that in mind let’s review ITB and some of the selling that may be in store for HD and LOW.
Vixpiration = Volatility
Today the VIX Expiration & Friday the OPEX. Things came unwound a bit today so let’s make a plan based on what we see and know.
To Squeeze Or Not To Squeeze?
Short squeeze attempt is in play, let’s stay cautious with it, but the targets are higher. Let’s review some plays on the idea.
