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Setup on SPCE. 12/22/2020
There is a great cluster of support on SPCE for a buy setup. Please be sure to wait for triggers.
Wild Swings In The NASDAQ
Not a dull week at all, pretty wild swings in TSLA and the Nasdaq in general. I’m eyeballing NFLX for a continuation, and keeping my eye on high short interest names that have hourly and complimentary daily squeezes on Squeeze Pro.
A Little Something for Everyone
Which do you prefer, hot wings or hot video cards? We’ve got some great picks tonight in both, and a data monitoring service to round out the trio.
What to do when the indices won’t pullback
Opportunities don’t have to come in the form of the index pulling; sometimes they will occur at the sector and stock level. Here’s how I do it.
FED Day
In this video, we discuss the market action around the FED announcement today and what it may mean going forward. We look at levels in the SPX and talk about what could happen in the short term. I have been Bullish for a while and continue to be Bullish, but much more of a cautious Bull at this late stage in the rally.
Time and Volatility Setups
One of my favorite setups to watch for each week is the “First Come, First Serve Fade” with crude oil inventories each week. This is a setup that I have been trading for over 20 years and we have a distinct advantage now, with a simple calculation I created just over seven years ago. I explain it in this update.
