All Time Highs Are Not Bearish
NASDAQ and S&P hold their uptrend, even with Powell’s first day of semi-annual testimony.
list of daily videos
NASDAQ and S&P hold their uptrend, even with Powell’s first day of semi-annual testimony.
Last week we setup AMD and today’s 4% advance helps confirm our view. Let’s recap that and visit 3 other charts that may also help us make some money.
Allison walks through the Daily and Weekly Charts looking for a possible move higher. She also runs through a few different bullish trade ideas to consider.
More of the same, with Mag7 leading and everything else lagging. Let’s check out some signals in the dollar and rates and setups for next week.
This should not come as a surprise. The NASDAQ and S&P punch up to higher highs on disappointing Non Farm Payroll data. Expectations for rate cuts are higher as the week ends.
I’m usually not going to be buying the worst name in a sector, but for this setup in AMD I think it’s worth considering.
In this video, we discuss the bullish move today and the push higher we are having. I was expecting this shortened trading week to be relatively quiet, but we are getting just the opposite, as we saw the NQ and ES both hitting fresh new all-time highs. What do we need to be on the lookout for and how do we trade this?
This Friday’s non-Farm Payroll is likely the determining factor for continued upside. With two or three quarter-point cuts on the horizon, it’s hard to be a bear in this environment.
I know it may seem repetitive looking at Tesla every night, but it’s been one of my best money makers and exhibits two of my favorite technical characteristics. It also faces some critical decisions heading into tomorrow, so let’s have one more look.
Every day, Tr3ndy Jon provides you with trading plans to prepare for the day, live streams throughout the trading day, and real-time alerts directly from his broker.