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Tail Wags the Dog: NQ and Alphabet
This is the season where the high concentration weighting of the indices and ETFs becomes a major driver for volatility. In this video I discuss whether the best setup post-GOOGL is in the NQ reaction or GOOGL.
E-Commerce for the Win
AMZN has been a clear leader in the e-commerce space, and it’ll face judgement day later this week. But what I’m eyeing is the rally into earnings we saw. Let’s look at how that could look in JD and BABA.
Patterns to Watch: ES and ES
When most traders see “patterns” they think of setups and entries, but what about those patterns, those cues, that tell us that something is not quite right? These are just as valuable to recognize. Today the ES and NQ flashed the pattern of caution. How and why are explained by looking at the way they diverged and what sectors within the ES to watch when this happens.
The Next Move in NFLX
NFLX was quiet after a solid earnings report this week, but it may not be done just yet. There are a few signals to be aware of as we get into next week that might give us the push to another new lifetime high.
Initial Balance to VWAP Setup
This is one of my favorite setups. On days like today (end of week and mixed market signals it’s tricky) but none-the-less an important one to keep an eye on!
Will This Sell Signal Follow Through On Friday?
We head into tomorrow with everything tee’d up and ready to go…
Morning Session Daytrade Process
Having a process for directional bias and identifying exhaustion levels is the key to my morning entries, in this case, on yet another big Initial Claims number. It’s tough to fade the strength on Thursdays lately, but that is exactly what we did.
Will The Bounce Last?
In this video, we talk about the rally we have seen off the lowest and what is driving it. Will we keep going and is this sustainable?
Crude Oil Chaos: Try this instead.
There is a lot of interest in the energy sector and for good reason. Historic moves! But there is also a lot of volatility left in the wake of the May contract chaos. But there are places related to crude oil that are retaining more normal volatility and structure. I explain where and what in this video.
Understanding Crude Oil Inventory Numbers
The American Petroleum Institute to Energy Information Administration is an interesting space for crude oil traders to get the expectations up or down… in this case a slightly smaller build for the API is no reason to celebrate, as I explain in this update.
