Marking Time In AMAT
The market as a whole remains extended, but at the same time is holding where it needs to. If bulls continue to lead I may not be able to buy the index, but I can find individual names that should outperform.
Archives: Daily Videos
list of daily videos
Planning For Powell
Still in consolidation mode waiting for something to reprice this market. With Powell on deck tomorrow, maybe that’s the thing. Let’s talk through a plan of attack to see if we can take advantage of the volatility.
Ready For The Reversal?
A full on reversal might be strong language, but at the very least I want you to consider this strategy as it’s easy to manage on down moves, and usually forgiving if we just keep pushing higher.
What Comes Up, Must Come Down
In this video, we discuss the choppy market we are having after the long run higher. We are very extended in this rally across the board, and I think we are due for a pullback. The big question is when it will happen and how much will we pull back? We look at levels and discuss ideas for trading as we go into the end of the year.
Foot On The Gas
Keeping focus in the chop as December approaches means knowing where the weakness (tax loss harvesting) and strength (window dressing) is waiting.
Why We Got Long TSLA And Why The Target Is $250…
While charts are pretty, the gas tank is actually under the hood.
Bears Still Looking For “Their Pitch”
There are many possible bear flags in indexes, but no breakdowns yet.
A Short-Term Buy On Tesla
TSLA has recovered well off of $192, and is setting up to make one more push higher. Let’s look at the levels and I’ll show you an example of a bullish butterfly that could be used to trade this stock on the next leg higher.
The Nothingburger
Not a lot of action today. Mostly sideways chop with continued balance at about the same level(s) as last week. I expect it to be more interesting later this week so let’s prepare for that.
NDX Resting On A Consequential Level
The Nasdaq-100 closed the day almost exactly on a Voodoo treeline. For a week it has been trying to break out above this level but keeps coming back to it. Let’s map out what it could do from here.