Same As It Ever Was
Largely the same message as last night. Same targets. Same line in the sand. Tonight I will switch gears a little bit and have a look at Crude Oil.
Archives: Daily Videos
list of daily videos
TSLA Moving Lower?
In this video I walk through TSLA on the Daily Chart and some signs we could see a move lower to fill a gap at 235 while walking through an options trade idea to consider.
What Will CPI And PPI Hold For Us?
In this video, we analyze the market trends of today, focusing on the ongoing unpredictable market patterns we’re experiencing. Over the past few months, the market has been consistently Bullish with plenty of “buy the dip” opportunities. But could this trend be coming to an end? We’ll examine both the charts and relevant economic data to provide insights into the current market scenario.
It’s Tricky
Tonight’s title is a shout out to Simpler Trading’s Elliot Wave aficionado, Mr. David Starr. He and I had an open dialogue conversation in Simpler’s Futures trading room about the nature of today’s price action. In a word, we agreed on “Tricky”. I will explain in detail in tonight’s post market review and plan.
August Daytrading Approach
August and the current environment is perfect for shortening the timeframe and focusing on intraday setups. In this video I walk through daytrading through the month of August.
Markets Again Hold Support
Markets are probably biding their time until the CPI report on Thursday. But 4540-4560 in the /ES seems to be huge resistance. I will look for short and long ideas.
Bullish Trading Setups In AVGO & NVDA
The semiconductors are holding up well, are relative strength winners in the market right now, and many have upcoming earnings reports. Two of my favorites are Broadcom and Nvidia. These two stocks have come so far, but can they keep going? I’m betting they can. Let me show you my upside targets on these tickers and how I’d trade them.
Planning The Week
With CPI late this week and some decent earnings reports ahead, I’d like to make a plan for potential Bullish or Bearish price action. I’ll explain in tonight’s update.
Just In Time Inventory
We had called out the potential for an S&P 500 top near the July 26th. Supply came into the market just a day later on the 27 and since then we’ve seen the biggest pullback since the March low. There is more to be seen, however, to figure out if this is a larger pullback or a buying opportunity.