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Two Considerable Squeezes
I know the Mag7 get a lot of attention, but when you carry the kind of weight these two do, you want to be aware of their price potential.
Santa’s Picks
In this update, we focus on the most intense week of window dressing, aka the Santa Rally. Fueled by cooler inflation and a dovish FOMC.
The Pause That Refreshes
Did yesterday’s flush action create the necessary conditions for a slingshot rally into tomorrow? Let’s review the setups in $SPX and other stocks.
Almost Out Of The Woods
Today the SPX recovered 61.8% of yesterday’s selling. Beat that level and it’s good again so let’s look at that and an idea in Nat Gas as well.
Will The Market Go Up Or Down?
In this video, we discuss today’s wild sell off that seemed to come out of the blue. This is the first sell off we have had in a while, and we flushed hard across the board. I can’t say it was totally unexpected as we are extended and knew it would happen sooner or later. As far as the SPX is concerned, we did stop at 4700, which is a solid support level and a good sign. Is this the start of a correction or an opportunity to buy the dip?
Buy The Dip?
Earlier this week we made a plan to buy a dip, should there be one. Remember the level? Almost there. Let’s rehash in tonight’s update.
Window Dressing & Earnings Setups
Right now these are the same setup. Focus on uptrends, strength gets stronger and wait for a pullback to buy into.
META Making Profits & Targets
Last week, I discussed a buy setup in META. That setup has now made multiple targets, and is still going. Let’s discuss where I think it’s going next.
Groundhog Day?
Yep, Buy the Dip! Yet another high for the move. Day after day, week after week it’s the same routine. Buy the dip until it slips and it isn’t slipping yet.
