If NVDA and AAPL Can Rally, So Can the Rest of the /NQ
After AAPL and NVDA hit support, they had big bounces. IF they can hold the last hour bounces, then the NQ might be done selling off.
list of daily videos
After AAPL and NVDA hit support, they had big bounces. IF they can hold the last hour bounces, then the NQ might be done selling off.
In this video, we review today’s market action and talk about the current levels in the indices. After the recent up and down moves, we are once again at a point where we could rally or fail from. The next major data events are the CPI, PPI numbers and of course the upcoming FED meeting. How should we position for this?
With a holiday earlier this week we are working with fewer days but let’s look at the plan for trading what we do have.
The SPX saw some healthy selling on Wednesday and I’m not sure if that’s over yet or not. If it is, this sentiment reading and one equity pick may be worth keeping in mind.
With most indexes falling under their respective 50 SMA’s. the QQQ could be next
Daytrading this environment continues to yield both opportunities and results. In this update, I share the trades from this morning using HPMRs and why the macroeconomics suggests we need to stay nimble.
Let’s discuss what SpaceX and trading have in common. $SPX and markets remain in a wide and volatile trading range. In this video we will review the key levels and the adjustments necessary to trade the box.
In August and September, there is little reason to be bearish; in fact, there has been little reason to be bearish all year. But there is reason for caution. In this update, I walk through how to deal with the chop that could still affect September and the monetary policy uncertainty that continues to hamper follow-through.
The Voodoo Lines have a few different personalities, but one of my favorites is that of being magnetic. We covered this early in the week for SPX. Let’s look at it tonight for a view on MSFT.