list of daily videos
In this video, we review today’s market action after today’s FED meeting. The market ripped higher after the announcement, but are we getting ahead of ourselves? Powell didn’t say much that we haven’t already heard and I am skeptical of a huge rally from here. We are almost through earnings season, and I am wondering what will drive us from here. Will we keep going lower or bounce even higher and how do I plan to trade it?
This is the question I get most and here’s how to answer the question as well as where this would be true.
This is a classic daytrading setup that triggered in the S&P and the NASDAQ. Find the same one and you will know what to do.
The markets are in a confirmed downtrend–dare we say they’re spooked?
Tomorrow is a day that I’d suggest resting up for the fireworks show later this week. FOMC announces Wed and AAPL Thursday. These things matter.
Teslas have a reputation for being expensive to repair. And the chart of TSLA stock looks like it’s in bad shape. It’s not beyond repair, but bulls need to scrape some funds together if they’re going to get it done.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
It may seem like the markets are too choppy and unpredictable to find trades, but it could be WHAT is being traded. Here’s what is working and my favorite bullish symbols.
The reasons to be bearish the S&P 500 continue to mount. But the tech-heavy Nasdaq is holding onto more of its gains from last year’s gains and retaining more of its bullish shape. Will a break of a Voodoo treeline take it down?
Lower lows again today as nearly everything appeared to be on sale. Let’s see if AMZN tonight and PCE in the morning can offer some relief.