Bulls’ Market to Lose
With the indexes trading back above key levels and printing buy signals, we’re looking to work a bullish playbook until things change. Let’s review a few of the setups we’re watching in the rooms.
list of daily videos
With the indexes trading back above key levels and printing buy signals, we’re looking to work a bullish playbook until things change. Let’s review a few of the setups we’re watching in the rooms.
While it may seem like stocks are extremely overdone here… the truth is more interesting.
Shorting right when companies are not allowed to buy back stock, at 3:50 EST, worked again, as a slight rug pull happened right then.
The latest Voodoo Lines Stock Update came out today. David takes a look at TJX, which had levels added to the indicator, and he examines what today’s gap up means for U.S. stocks broadly based on S&P 500 Voodoo Lines.
Amazon showed strong, relative strength today as it closed the day up 8.07%. Additionally, it has a 15 minute squeeze, along with higher upside price targets as it continues to recover from the tariff lows. Check out the butterfly Danielle constructed to continue trading this move to the upside.
Sam reviews the core markets and the periphery to see how things are aligned into next week.
These are still two of the most important charts in the market, and given the moves we had this week, they are worth updating.
Bruce discusses the highly anticipated FOMC meeting today and the wild swings we had as a result of that, and FED Boss Powell’s comment in the conference call. Powell seemed hesitant to commit to rate cuts, as there is too much uncertainty around tariff negotiations and the economy as a whole.
Naz traders have felt left out in recent analysis, so let’s review the important nearby levels in the tech-heavy index.
There are multi-time frame squeezes along with triple squeezes in the Nasdaq, semiconductor ETF (SMH), and Nvidia (NVDA). For this reason, Danielle is eyeing a Run into Earnings trade in NVDA, and she is trading it with a bullish butterfly. Let’s check out the charts.