This is not the time to press in either direction, but rather to be a sniper ready to buy and sell at extreme levels until the dust settles.Read more
Never fight the FED!
Good morning fellow traders and welcome to the last week of August! On Friday we witnessed one of the biggest sell-offs of this […]Read more
Energy breaks out, $TSLA gets perky and $NVDA reports
$NVDA’s report after the closing bell will be an important barometer. See if yesterday’s lows hold and whether we get some short covering ahead of Jackson HoleRead more
See if a dip can be bought today as the market is once again oversold. Watch the leaders for clues and look for pockets of relative strength.Read more
Jackson Hole week
With futures lower this morning see if early weakness gets absorbed or whether we get a re-test of the 21EMA in the $SPY and $QQQ.Read more
Inflection point – can the bulls hold momentum?
Can the markets hang in here or do we break down? Watch the lows of the weeks in the $SPY and $QQQ for clues. $424 and $326 are the line in the sandRead more
FED continues its course, markets retreat, what’s next?
With indices retreating see if we get a bounce from the 8EMA or not. Watch the leaders for clues and be lighter ahead of the weekend!Read more
Retail in focus, $TSLA’s breakaway move and the looming FED minutes
$WMT’s earnings start a busy week for retailers. Tomorrow’s FED minutes may be an important pivot point. Make sure to be lighter ahead of this binary event!Read more
Chinese growth issues, retail earnings in focus, $TSLA split
Retail data and $TSLA split will be the main events of the week. See if the bulls can maintain upper momentum today and whether we hold above Friday’s lows!Read more
CPI in focus, Elon Musk sells more $TSLA shares
Watch the first reaction to the CPI numbers 1 hour before the opening bell for clues of today’s complexion. See if $TSLA gets a push after Elon finished sellingRead more
$NVDA’s profit warning, $NFLX breakout move and an antsy market
After yesterday’s reversals and rejections in the overall market at the 200EMA see if we have an inside day ahead of the CPI reading tomorrow morning.Read more
US jobs market, CPI numbers and the climate bill
Strong US jobs report, active bulls buy the dip and the Senate passes the climate bill. See how we approach the CPI week!Read more
Jobs in focus, markets pause, $TSLA and $NFLX flirt with breakout move
Watch the reaction to the Jobs report before the opening bell. Make sure to adjust quickly in case we get a move back to the 8EMA in the indices.Read more
Markets clear the channel, jobs report tomorrow! Can the bulls continue their run?
The markets offered another great buying opportunity yesterday as the recent channel was cleared. Some profit taking ahead of the jobs report? Watch the leadersRead more
$AMD beats but guides in line, markets continue sideways, $PYPL discloses activist investor and Pelosi lands safely in Taiwan
$AMD will be an important barometer. See if tech gets dragged down or if yesterday’s lows hold. Watch the leaders for clues!Read more
Peolosi’s visit to Taiwan, $PINS numbers and $AMD’s earnings in focus
Markets digested the recent rally but showed some weakness as the macro picture deteriorated. See if any tech leaders attempt to go green for sentiment!Read more
New month, new inflows? Consolidating recent gains, ahead of earnings from $AMD
With futures currently flattish see if the sellers return after the indices posted the best month since 2020. The market is currently overboughtRead more
Bulls bought the dip, $AAPL and $AMZN better than expected, is the coast clear for higher prices?
Better than expected earnings from $AAPL and $AMZN push futures higher this morning. See if early strength holds. $NFLX, $GOOGL and $TSLA at important levelsRead more