The Negative /ZB Divergence From The SPX Could Spell Trouble After The FOMC
In the prior sessions after the FOMC, the SPX tanked IF the /ZB was already negatively diverging.
Archives: Daily Videos
list of daily videos
LRCX And SMCI Pattern To Watch
Here’s a pattern that is a consolidation to expansion setup, aka “momo breakout” setup, that I look for when trend trading. Yes! The best breakouts are really TREND TRADES.
How Much Further Can Crude Rally?
Today crude oil futures printed at their highest level since early November. Is there more upside in this important commodity? Let’s take a look at important support and resistance for us to watch as we look for an answer to that question.
A Buy Setup In CrowdStrike (CRWD)
Crowdstrike had a fantastic move post-earnings, and now it’s consolidating, setting up for more. Check out the daily squeeze setup and my upside easy targets and full targets for some bullish butterflies.
Triple Witching Is A Non-Event
The craziness predicted in the triple witching expiration just didn’t happen.
NASDAQ Buy
Options Expiration set up the NASDAQ buy as the volatility has driven price down to support.
Navigating Next Week
Nvidia has their AI conference on Monday next week. While I don’t know that it’ll rekindle the rally, I know it’s critical to this market’s path and will be keeping a close eye on it.
10 Year Tanks Tesla
PPI hit the wire this morning and some hotter than expected numbers really brought a bid to the 10 year. Tesla was one of the most directly hit by this, but there are other spots in tech that’re still shining.
Expiration Craziness Leads to Only a Small Loss
Even with a bunch of warning signs, the SPX had a huge rally on the close, as buy imbalances ruled the day.
Haven’t We Been Here Before?
In this video, we discuss the amazing strength of the overall market. We continue to push higher and higher to new all-time highs in spite of hotter than expected inflation. The FED is trying to tame inflation and the market is waiting on rate cuts that may be delayed in coming. How does this play out for the market?