Earnings In Focus: AMD
AMD reports earnings after market close tomorrow. This is one of the most important earnings reports this week. Let’s look at bullish and bearish targets, along with neutral and directional options trades.
Archives: Daily Videos
list of daily videos
Systematic Movement In The Nasdaq-100
Stocks have a way of moving systematically from Voodoo Line to Voodoo line. That systematic movement saw NDX making an all-time high at a Voodoo fireline in March, and then dropping to support at a Voodoo snowline. While the lines don’t tell us with certainty what will happen next, they highlight a pair of paths and give us a way to evaluate which is likely being followed.
Hanging On By A Thread
Equites have seen a nice bout of strength but there’s only one way that continues, and I believe it’s in the hands of this chart.
Shining A Light On The VIX
Two major levels were broken this week which suggests better follow-through as long as they hold.
Happy Now
Mixed signals with a slight lean into next week with big catalysts, let’s get our plan squared up.
Go With The Flows
We had a nice setup in TSLA today. It may or may not continue into tomorrow, but these are levels and trades I want to make sure you’re aware of.
Today, The Dow Jones Transports Showed A Bullish “Tell”
The weakness in the Dow Jones Transports yesterday was a great tell other indexes would follow. But with the $DJT rallying today, all bets were off on the downside.
The Reversion to the Mean Trades Worked Great Today
Many times, the biggies that have earnings, if they open up, trade back down to unchanged, as traders want to “flatten before the close”. It worked great today in LRCX, META, and others.
Two Important Bullish Cues
Today the S&P and VIX gave important cues for the bulls. While earnings season is still underway, the S&P managed to get above a key level while the VIX manage to get back down below another.
Markets Continue Their March Towards Resistance Zones
In this video, Chris Brecher examines the market’s rebound from oversold conditions, posing the critical question: Will the markets break through resistance levels or resume their downward trajectory?