After yesterday’s strong reversals in most sectors see if $MSFT and $GOOGL deliver tonight in order to offer some continuation to the upside. Remain tactical!
Read more$TWTR
$TWTR is up in pre-market after Musk met with the board over the weekend to discuss his take-over proposal. See if early strength builds and we have a move above the 200SMA for momentum. $51.5 is a big resistance before the recent high around $54
Capitulation day?
Earnings from big tech will offer a make-or-break moment for the overall market. See if we have an inside day today ahead of a busy earnings week! Stay tactical
Read moreAs bearish as it gets! Can big tech save the market?
The market is showing signs of capitulation. Will the big tech earnings save the day?
Read moreShort covering ahead of CPI?
With futures down this morning, we expect an intra-day bounce as traders will most likely cover their short positions ahead of the CPI tomorrow.
Read moreBears in control – Can it get more bearish than this?
Sentiment has turned extremely bearish as the FED is falling behind the curve. Will the CPI reading offer an oversold bounce?
Read more$TWTR – Musk’s disclosure of a majority stake had a powerful impact. For the coming period, see if this gap holds. The next resistance are is $53-55
Musk revitalizes tech, indices grind higher
Tech is once again above the 200SMA and most dips will be good buying opportunities should this level hold. Watch $369 in the $QQQ for clues.
Read more$TWRT good relative strength early in the session as it looks set to resolve the recent bull flag to the upside. See if it can get above $39.
Quad witching – wait and see approach
We are very cautious going into today’s action as our portfolio had a great bounce from Monday’s lows, and we are in a protect-the-gains mode.
Read moreSecond week of war, sanctions, volatility and choppy markets
As the war continued in Ukraine, prices of commodities continued to rally while equities had a poor performance. The fear index is approaching pandemic levels.
Read moreAll good things come in threes!
As a rule of thumb, most oversold rallies are better fades than buys once they reach their 4th day. See if $AMD and $IWM rebuild in order to measure the market.
Read moreSanta’s rushing to deliver presents
Go spend time with family and friends, play in the snow or in the ocean, do whatever makes you happy, so you can come back to the market in January refreshed.
Read moreAlexa: Will $AMZN split its stock? Siri: $AAPL offers guidance tonight?
Indices pause while $GOOGL and $MSFT shine. $AAPL and $AMZN last 2 big tech companies to report tonight
Read moreSolid reports from $MSFT, $AMD, and $GOOGL. Tech sector makes double top and what is next?
Strong earnings reports from $MSFT, $GOOGL and $AMD keep tech alive. $MBIO shines and $TSLA trades in a big range
Read moreSnap back down and Trump it up (charts included)
Look at the small caps for a possible move out this channel and watch the news driven stocks $DWAC and $PHUN for a possible day 2.
Read moreFutures down, divergence between tech and value. What is next?
Good morning fellow traders and welcome to a new day on Wall Street. Yesterday we had a mixed tape with several impressive winners […]
Read moreFed Week, Delta variant, tech back in the game
Good morning fellow traders, and welcome to a new week on Wall Street. We had a down week for the indices but the […]
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