Markets Now At Resistance, But No Short Trigger Yet
Following other bear market rallies, markets are rallying and stalling right at big resistance.
list of daily videos
Following other bear market rallies, markets are rallying and stalling right at big resistance.
This is the week of earnings where four of the seven Magnificents report. Along with that, Core PCR, GDP, and Friday’s NFP. This alphabet soup is an important one when it comes to understanding when the FOMC is going to cut next.
Microsoft is reporting earnings after the bell on Wednesday, and Danielle thinks there is a high likelihood that earnings could be the catalyst that causes the daily squeeze to fire. Here she shows you what she is looking at, along with key levels to target.
Today was constructive in that it did not give back any of the recent gains. From here Neil would like to dive into levels for support on retracement as well as additional bullish targets as he maintains bullish exposure.
In this update, Raghee shares a style of trading that allows for pre-breakout setups when compressions, aka Squeezes, occur. It’s one that dates back to her forex days and when she first met John Carter in the earlier 2000s, and it’s one she will be trading and teaching on Tuesdays.
Great time to be a trader. Volatility is most definitely making for tremendous opportunity. With opportunity there is also of course risk, so we work hard to try to stay in the right side of things. This week was a really good one as we certainly were on the right side. Let’s take a look and with that, make a plan for next week while we’re at it.
Sam reviews the core markets and the periphery to see how things are aligned into next week.
The Unbalanced Butterfly is something every option trader should learn. It’s especially versatile as we saw twice today, and may be good for tomorrow as well.
Bruce discusses the incredible moves we have been having in the market in the last month or so, some of the wildest swings he can remember, and in both directions. The market is moving on tariff worries, inflation worries, and recession worries, among others. It has been very hard to find a direction. Bruce discusses what has been working and how we need to be very careful in this market.
After the panic sell-off, followed by a huge short squeeze, Chris expects markets to drift a little higher until the weekly MACD gets overbought on the SPX.